Bullboard - Stock Discussion Forum Aphria Inc. APHA

Aphria, which is headquartered in Ontario, produces and sells medicinal and recreational cannabis. The company operates through retail and wholesale channels in Canada and internationally. Aphria is a main distributor of medical cannabis to Germany and has operations in over 10 countries outside of Canada. However, it does not have exposure to the U.S. CBD or THC markets due to the constraints... see more

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NDAQ:APHA - Post Discussion

Aphria Inc. > Shares

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Post by Av8r777 on Jan 19, 2021 12:44pm

Will TLRY shares be in US Dollars! Is that why we have less CDN shares with the transaction?

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Comment by madeinhemlo on Jan 19, 2021 12:52pm

Yes, and as far as I can tell APHA get .831 TLRY shares for each APHA share and TLRY shareholders receive 1:1. So my 3000 APHA will turn into 2493 shares of new TLRY AND MY 100 shares of TLRY will stay the same. my only question is whether or not TLRY trades on the TSX. Can anyone confirm this? GLTA

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Comment by Av8r777 on Jan 19, 2021 12:58pm

Funny enough, I hold 3000 shares of APHA as well. I don't have any TLRY. So, are you saying the shares we end up with TLRY will be in US Dollars?

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Comment by DELLicious on Jan 19, 2021 1:30pm

TLRY will register on TSX in coming weeks, which will allow for conversion of APHA TSX stocks into TLRY TSX stocks. I don't have an exact date when that will happen.

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Comment by StuckStuck on Jan 19, 2021 1:44pm

Could Tilray be facing problems to register on the TSX stocks? Thank you.

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Comment by CommonCentsforDollars on Jan 19, 2021 1:45pm

We’re on track to close Tilray at the end of April or early May of 2021 following the receipt of regulatory approvals and shareholder approval for both companies, and I’m really excited about getting this done. First, in addition to maintaining their NASDAQ listing, we understand that Tilray is working on registration under the TSX so that the combined entity will be dual-listed post ...more

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Comment by Av8r777 on Jan 19, 2021 1:53pm

So why will APHA end up with fewer shares.

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Comment by CommonCentsforDollars on Jan 19, 2021 2:03pm

APHA is buying TLRY. In order to buy a company out you need to offer a premium. Since APHA has decided after the merger they will use the name Tilray and the ticker TLRY the premium is a reversed premium. That is why. APHA is currently trading at a $2.91 USD DISCOUNT to TLRY after the 0.8381 haircut. Any net new buyers with a calclator are buying APHA.

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