Tilray Brands Inc. shares dropped in the extended session Thursday after the cannabis company filed for a secondary offering. Tilray shares fell as much as...
Tilray Brands Inc. shares TLRY CA:TLRY dropped in the extended session Thursday after the cannabis company filed for a secondary offering. Tilray shares fell as much as 19% after hours, following a 2.5% decline to close the regular session at $2.36. The company said it was issuing $150 million in senior convertible notes due in 2027. Tilray said it was using a portion of the proceeds to help pay down debt. Jefferies and B of A Securities are underwriting the offering.
... Tilray Brands Inc. shares TLRY TLRY dropped in the extended session Thursday after the cannabis company filed for a secondary offering. Tilray shares fell as much as 19% after hours, following a 2.5% decline to close the regular session at $2.36. The company said it was issuing $150 million in senior convertible notes due in 2027. Tilray said it was using a portion of the proceeds to help pay down debt. Jefferies and B of A Securities are underwriting the offering.
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