Tilray Brands Inc TLRY

Voting Quorum

[burtooz]

Can the voting quorum be reduced to 1/3 of outstanding votes to reduce the votes required to achievec a majority?
was this not done for the merger vote?

[burtooz]

The deal to close the giant merger between Aphria and Tilray will take about two weks or more to finalize. While Aphria said its shareholders overwhlemingly approved the transaction with 99.38% support, Tilray said it will extend its voting deadline to April 30th to allow its shareholders more time to vote on the deal. Tilray, which has one of the largest retail investor bases in the cannabis

[tysonlewis]

Yes. This is what needs to be done. This whole situation has been embarrassing for the company and needs to be dealt with asap. Huge news is being held back by such a stupid issue.

[burtooz]

I wasnt sure that was legal to do but i guess so and if so i agree get er done i assume maybe getting closer to Sept 10th and the votes still not there that there will be action in that manner however it was mentioned that cash would be paid to close the deal

[tysonlewis]

The conclusion of the vote is not required to close the Medmen deal. They currently have ample shares available for that. And no cash will be used for it, rather 9 M shares.(2% dilution)

[burtooz]

I did not realize that tky