Tilray Brands Files 8-K on Operations & Financial Condition

Ticker: TLRY · Form: 8-K · Filed: 2024-01-09T00:00:00.000Z

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.

From the Filing

0001171843-24-000147.txt : 20240109 0001171843-24-000147.hdr.sgml : 20240109 20240109070019 ACCESSION NUMBER: 0001171843-24-000147 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240109 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240109 DATE AS OF CHANGE: 20240109 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Tilray Brands, Inc. CENTRAL INDEX KEY: 0001731348 STANDARD INDUSTRIAL CLASSIFICATION: MEDICINAL CHEMICALS & BOTANICAL PRODUCTS [2833] ORGANIZATION NAME: 03 Life Sciences IRS NUMBER: 824310622 FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38594 FILM NUMBER: 24521699 BUSINESS ADDRESS: STREET 1: 655 MADISON AVENUE STREET 2: 19TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10065 BUSINESS PHONE: 519.322.8800 MAIL ADDRESS: STREET 1: 655 MADISON AVENUE STREET 2: 19TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10065 FORMER COMPANY: FORMER CONFORMED NAME: Tilray, Inc. DATE OF NAME CHANGE: 20180213 8-K 1 f8k_010924.htm FORM 8-K Form 8-K 0001731348 False 0001731348 2024-01-09 2024-01-09 iso4217:USD xbrli:shares iso4217:USD xbrli:shares   UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________ FORM 8-K _________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported):  January 9, 2024 _______________________________ Tilray Brands, Inc. (Exact name of registrant as specified in its charter) _______________________________ Delaware 001-38594 82-4310622 (State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 265 Talbot Street West Leamington , Ontario N8H 4H3 (Address of Principal Executive Offices) (Zip Code) ( 844 ) 845-7291 (Registrant's telephone number, including area code) Not Applicable (Former name or former address, if changed since last report) _______________________________ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, par value $0.0001 per share TLRY The NASDAQ Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐     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