Summary by Moomoo AI
Tilray Brands, Inc. has announced the registration of 13,217,588 shares of common stock for resale, which were acquired by the selling stockholder on September 16, 2024, in connection with the assignment of certain promissory notes. The shares will be available for sale through public or private transactions, at prevailing market prices or at negotiated prices. Tilray will not receive any proceeds from the sale of shares by the selling stockholder. The shares are listed on Nasdaq and the TSX under the symbol 'TLRY'. The prospectus supplement, dated September 17, 2024, provides further details, including risk factors and the plan of distribution.
