RE:RE:Tilray Brands Misleading Posts
Oldweed wrote: https://thedeepdive.ca/hexo-corp-defaults-on-secured-convertible-debt-lender-waives-event-due-to-tilray-deal/
Update!
Hexo is a subsidiary of Tilray Brands.
Currently, US$208.7 million remains outstanding under the convertible note. If the transaction were to fall through with Tilray, HEXO would be required to repay 115% of the outstanding principal amount of the debt in cash should the lender elect to not waive the event of default.
Hexo Corp last traded at $0.70 on the TSX.