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Tilray Brands Inc TLRY

Alternate Symbol(s):  T.TLRY

Tilray Brands, Inc. is a global lifestyle and consumer packaged goods company. The Company operates through four segments: Cannabis operations, Distribution business, Beverage alcohol business and Wellness business. The Cannabis operations, which encompasses the production, distribution, sale, co-manufacturing and advisory services of both medical and adult-use cannabis. The Beverage alcohol operations, which encompasses the production, marketing and sale of beverage alcohol products. The Distribution operations, which encompasses the purchase and resale of pharmaceuticals products to customers. The Wellness products, which encompasses hemp foods and cannabidiol (CBD) products. The Company offers a portfolio of adult-use brands and products and expands its portfolio to include new cannabis products and formats. Its brands include Good Supply, RIFF, Broken Coast, Solei, Canaca, HEXO, Redecan, Original Stash, Hop Valley, Revolver, Bake Sale, XMG, Mollo, and others.


NDAQ:TLRY - Post by User

Post by Vinny57on Jul 29, 2021 7:13pm
379 Views
Post# 33629960

Correct me if I'm wrong

Correct me if I'm wrongSimon already has the votes he needs : "The level of support we have received from stockholders thus far affirms that participating shareholders strongly support the two proposals," said Irwin D. Simon. ......  So why would he extend the vote for 3 weeks unless ....... he may need a majority of ALL outstanding voting shares ( which he does NOT have today ). Keep reading:
 
The approval of the Authorized Shares Proposal requires the affirmative vote of holders of at least a majority of the voting power of shares outstanding and entitled to vote. The record date for the adjourned Special Meeting remains June 22, 2021. Stockholders who have already voted do not need to recast their votes unless they wish to change their vote. Stockholders who have not already voted or wish to change their vote are strongly encouraged to do so promptly using the instructions provided in their voting instruction form or proxy card.

I have received 9 ballots so far, 3 for each of my 3 accounts. Sooooooo, is it a majority of ALL outstanding shares, or a majority of ballots received. I believe the correct answer is the former rather than the latter. However, I have been WRONG before, haven't I. Please resond if you know the correct answer.
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