{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-022325","form_type":"8-K","ticker":"TLRY","cik":"0001731348","company_name":"Tilray Brands, Inc.","filed_at":"2023-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.032426+00:00","generated_at":"2026-06-12T04:32:15.101351+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Tilray Brands to acquire eight beer/beverage brands from Anheuser-Busch for $85M cash","bullets":["Acquires Shock Top, Breckenridge, Blue Point, 10 Barrel, Redhook, Widmer, Square Mile Cider, HiBall for $85M cash; expected close by end of Sept 2023.","Deal positions Tilray as the 5th largest U.S. craft brewer with ~5% craft beer market share (up from 9th).","Pro forma revenue for U.S. beverage alcohol segment plus acquired brands expected ~$300M; craft beer pro forma ~$250M.","Transaction expected accretive to EBITDA; adds four production facilities and eight brewpub locations.","Mutual termination fee of $4M; subject to regulatory approval and customary closing conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-022325","json":"https://secwatch.observer/filing/0001437749-23-022325.json","markdown":"https://secwatch.observer/filing/0001437749-23-022325.md","text":"https://secwatch.observer/filing/0001437749-23-022325.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1731348/000143774923022325/0001437749-23-022325-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1731348/000143774923022325/tlry20230725_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T04:32:15.101351+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"03812ab659e7e54f5a9da367c7db8b586580ff67","claim":"Tilray Brands, Inc. entered into Purchase Agreement with Anheuser-Busch Companies, LLC, Craft USA Holdings, LLC, Craft Brew Alliance, Inc. valued at $85 million (effective 2023-08-07).","evidence_excerpt":"On August 7, 2023, Tilray Brands, Inc., a Delaware corporation (“Tilray”), entered into a securities and asset purchase agreement (the “Purchase Agreement”) by and among Anheuser-Busch Companies, LLC, a Delaware limited liability company, Craft USA Holdings, LLC, a Delaware limited liability company, Craft Brew Alliance, Inc., a Washington corporation (collectively, “AB”), Tilray and Tilray Beverages, LLC, a Delaware limited liability company and wholly owned subsidiary of Tilray.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1731348/000143774923022325/0001437749-23-022325-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Anheuser-Busch Companies, LLC, Craft USA Holdings, LLC, Craft Brew Alliance, Inc."},{"label":"Value","value":"$85 million"},{"label":"Effective","value":"2023-08-07"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}