Mergers & Acquisitions ·
Tilray issues shares for Lyphe Group acquisition and converts $6M of convertible notes to equity
TLRYTilray Brands, Inc.
On April 15, 2026, Tilray Brands, Inc. issued 398,666 shares of common stock as partial consideration for the acquisition of the Lyphe Group. Additionally, on June 3, 2026, the Company entered into a private debt-for-equity exchange transaction, issuing 1,214,186 shares of common stock in exchange for $6 million in principal of its 5.20% Convertible Senior Notes due June 15, 2027. Tilray Brands, Inc. is a company in the cannabis and beverage industry that produces and distributes products.