HEXO Equities Warrants Exp 2 Apr 2024 T.HEXO.W.A

Conversion of HEXO Shares to Tilray done on Ratio Basis

[quinlash]

Yet again, someone on here keeps thinking the shares convert on a dollar basis but they do not.  The number of shares a HEXO Sharesholder will get once the merger completes (assuming vote is to approve the merger goes through) is a fixed ratio of  .4352 PER SHARE.

Regardless if the current shareprice of Tilray is higher or lower than HEXO and regardless of how that conversion works out the actual share count that a current shareholder of HEXO Corp has today converts at the fixed ratio over to Tilray.

Is there an advantage to taking a loss on HEXO and moving to Tilray?  That really depends on your own view of how likely the merger will be approved and what the future shareprice of the new larger version of Tilray will be (and when) once HEXO is incorporated under the Tilray Banner.

One of the biggest factors for all Cannabis Stocks (IMHO) is the legalization of Cannabis in the US so you may want to consider when you think that may happen and determine if you are willing to hold for that time period.

DYODD / GLTA