Tilray Brands May Offer And Sell Shares Of Common Stock Having An Aggregate Offering Price Of Up To $250M From Time To Time - Filing
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Tilray Brands has filed to offer and sell shares of common stock with an aggregate offering price of up to $250 million.
May 17, 2024 | 11:44 am
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Tilray Brands has filed to offer and sell shares of common stock with an aggregate offering price of up to $250 million. This move could potentially dilute existing shares and impact the stock price in the short term.
The offering of up to $250 million in common stock could lead to dilution of existing shares, which typically has a negative impact on the stock price in the short term. Investors may react to the potential dilution by selling off shares, leading to a decrease in stock price.
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