Between June 15, 2026, and June 24, 2026, Tilray Brands, Inc. issued 2,638,341 shares of common stock to exchange for $12 million in aggregate principal amount of its 5.20% Convertible Senior Notes due June 15, 2027. This debt-for-equity exchange was conducted via private transactions with unrelated parties. Tilray Brands, Inc. is a cannabis and beverage company that produces and distributes products in the global cannabis and beverage markets.