Tilray (TLRY) files for 13.22M share offering by selling stockholders

September 17, 2024 8:29 AM EDT

Tilray, Inc. (NASDAQ: TLRY) has filed the following prospectus:

This prospectus supplement supplements our prospectus dated October 7, 2022, and registers the resale of an aggregate of 13,217,588 shares of our common stock, par value $0.0001 per share (“Common Stock”), held by the selling stockholder identified herein. The selling stockholder acquired these shares of Common Stock from us on September 16, 2024 in connection with the assignment from the selling stockholder to us of certain promissory notes payable by 1974568 Ontario Limited, an Ontario corporation. The selling stockholder (which term as used herein includes its donees and pledgees, transferees or other successors in interest) may sell these shares through public or private transactions at market prices prevailing at the time of sale, at prices related to such market prices, at varying prices determined at the time of sale, at fixed prices or at negotiated prices. The timing and amount of any sale is within the sole discretion of the selling stockholder, subject to certain restrictions. See “Plan of Distribution” on page S-9 of this prospectus supplement. We will not receive any proceeds from the sale of the shares by the selling stockholder.



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