---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-012217"
form_type: "8-K"
ticker: "TLRY"
cik: "0001731348"
company_name: "Tilray Brands, Inc."
filed_at: "2025-04-17T23:59:59+00:00"
generated_at: "2026-05-23T12:04:03.474045+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Tilray proposes reverse stock split (1:10 to 1:20) at special meeting June 10, 2025

## Summary
- Special meeting of stockholders set for June 10, 2025 to vote on reverse stock split.
- Reverse split ratio range 1-for-10 to 1-for-20, exact ratio set by Board of Directors.
- Purpose: comply with Nasdaq continued listing requirements and attract institutional investors.
- Expected cost savings of over $1 million annual run rate from the reverse split.
- Debt reduced ~$76M in FY2025; net debt to TTM Adj. EBITDA <1.0x; cash >$248M.

## SEC filing metadata
- accession: 0001437749-25-012217
- form_type: 8-K
- ticker: TLRY
- cik: 0001731348
- company_name: Tilray Brands, Inc.
- filed_at: 2025-04-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1731348/000143774925012217/0001437749-25-012217-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1731348/000143774925012217/tlry20250416c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-012217
- JSON: https://secwatch.observer/filing/0001437749-25-012217.json
- Plain text: https://secwatch.observer/filing/0001437749-25-012217.txt

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