---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-003245"
form_type: "8-K"
ticker: "TLRY"
cik: "0001731348"
company_name: "Tilray Brands, Inc."
filed_at: "2024-02-06T23:59:59+00:00"
generated_at: "2026-06-06T08:21:27.904281+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Tilray converts $12.54M of convertible notes into 6.87M shares

## Summary
- Issued 6,873,001 common shares in exchange for $12,540,000 principal of 5.25% Convertible Senior Notes due June 2024.
- Transactions occurred between Jan 10 and Jan 31, 2024, with unrelated parties under Section 3(a)(9) exemption.
- No commissions or remuneration paid; debt reduction of $12.54M but diluted share count by ~6.9M.
- Notes originally carried 5.25% coupon and were due June 1, 2024; conversion reduces near-term maturity risk.

## SEC filing metadata
- accession: 0001437749-24-003245
- form_type: 8-K
- ticker: TLRY
- cik: 0001731348
- company_name: Tilray Brands, Inc.
- filed_at: 2024-02-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1731348/000143774924003245/0001437749-24-003245-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1731348/000143774924003245/tlry20240205_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-003245
- JSON: https://secwatch.observer/filing/0001437749-24-003245.json
- Plain text: https://secwatch.observer/filing/0001437749-24-003245.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.