Tilray Brands Files 8-K on Operations & Financial Condition
Ticker: TLRY · Form: 8-K · Filed: Jan 9, 2024 · CIK: 1731348
| Field | Detail |
|---|---|
| Company | Tilray Brands, Inc. (TLRY) |
| Form Type | 8-K |
| Filed Date | Jan 9, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-condition, results-of-operations, 8-K, financial-statements
TL;DR
**Tilray just dropped an 8-K with fresh financials, time to check their numbers!**
AI Summary
Tilray Brands, Inc. filed an 8-K on January 9, 2024, to report its results of operations and financial condition, along with financial statements and exhibits. This filing, under SEC File Number 001-38594, indicates the company is providing updated financial information. For investors, this matters because it offers a current snapshot of Tilray's financial health and operational performance, which can influence stock valuation and future investment decisions.
Why It Matters
This filing provides investors with crucial, up-to-date financial information, enabling them to assess Tilray's performance and make informed investment choices.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results and does not inherently introduce new risks, but rather provides transparency.
Analyst Insight
A smart investor would carefully review the 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' sections of this 8-K to understand Tilray's current financial health before making any investment decisions.
Key Numbers
- 001-38594 — SEC File Number (Identifies the specific registration statement for Tilray Brands, Inc.)
- 2024-01-09 — Date of Report (Indicates the earliest event reported and the filing date of the 8-K.)
- $0.0001 — par value per share (The nominal value of Tilray's common stock.)
Key Players & Entities
- Tilray Brands, Inc. (company) — the registrant filing the 8-K
- 001-38594 (dollar_amount) — SEC File Number
- January 9, 2024 (date) — Date of earliest event reported and filing date
- Delaware (location) — State of Incorporation
- TLRY (company) — Trading Symbol for Common stock
- The NASDAQ Global Select Market (exchange) — Exchange where common stock is registered
Forward-Looking Statements
- Tilray's stock (TLRY) will experience increased trading volume as investors react to the detailed financial information. (TLRY) — medium confidence, target: 2024-01-10
- Analysts will issue updated ratings or price targets for Tilray Brands, Inc. based on the newly disclosed financial condition. (Tilray Brands, Inc.) — medium confidence, target: 2024-01-15
FAQ
What was the specific date of the earliest event reported in this 8-K filing by Tilray Brands, Inc.?
The earliest event reported in this 8-K filing by Tilray Brands, Inc. was January 9, 2024.
Under which items of Form 8-K did Tilray Brands, Inc. file this report?
Tilray Brands, Inc. filed this report under 'ITEM INFORMATION: Results of Operations and Financial Condition' and 'ITEM INFORMATION: Financial Statements and Exhibits'.
What is the trading symbol and the exchange where Tilray Brands, Inc.'s common stock is registered?
The trading symbol for Tilray Brands, Inc.'s common stock is TLRY, and it is registered on The NASDAQ Global Select Market.
What is the state of incorporation for Tilray Brands, Inc. as stated in the filing?
Tilray Brands, Inc. is incorporated in Delaware.
What is the par value per share of Tilray Brands, Inc.'s common stock?
The par value per share of Tilray Brands, Inc.'s common stock is $0.0001.
Filing Stats: 541 words · 2 min read · ~2 pages · Grade level 10.5 · Accepted 2024-01-09 07:00:19
Key Financial Figures
- $0.0001 — ich registered Common stock, par value $0.0001 per share TLRY The NASDAQ Global Select
Filing Documents
- f8k_010924.htm (8-K) — 15KB
- exh_991.htm (EX-99.1) — 374KB
- 0001171843-24-000147.txt ( ) — 610KB
- gnw-20190101.xsd (EX-101.SCH) — 3KB
- gnw-20190101_def.xml (EX-101.DEF) — 25KB
- gnw-20190101_lab.xml (EX-101.LAB) — 33KB
- gnw-20190101_pre.xml (EX-101.PRE) — 22KB
- f8k_010924_htm.xml (XML) — 3KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On January 9, 2024, Tilray Brands, Inc. ("Tilray") issued a press release announcing financial results for its second quarter fiscal year 2024 ended November 30, 2023. A copy of the press release is furnished herewith as Exhibit 99.1. The information in this current report on Form 8-K, including the press release attached as Exhibit 99.1 hereto, is being furnished, but shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended. The information contained herein and in the accompanying exhibit shall not be incorporated by reference into any filing with the U.S. Securities and Exchange Commission made by Tilray, whether made before or after the date hereof, regardless of any general incorporation language in such filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Press Release dated January 9, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Tilray Brands, Inc. Date: January 9, 2024 By: /s/ Mitchell Gendel Mitchell Gendel Global General Counsel