Tilra, Inc. (TLRY) Prices 9M Share IPO Valued at Approx. $153M

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Tilray Announces Pricing of Initial Public Offering

July 18, 2018 9:31 PM EDT

NANAIMO, British Columbia--(BUSINESS WIRE)-- Tilray, Inc., a vertically-integrated and federally-licensed cannabis cultivator, processor and distributor, today announced the pricing of its initial public offering of 9,000,000 shares of Class 2 common stock. 6,524,000 shares of Class 2 common stock will be offered in the United States and certain other countries except Canada at a price to the public of US$17.00 per share for a total offering size of US$110,908,000 and 2,476,000 shares of Class 2 common stock, which we refer to as Subordinate Voting Shares, will be offered in Canada and certain other countries except the United States at a price to the... More