Tilray Brands Inc TLRY

More Dilution on the Way

[CentreIce24]

This guy is Irwin is unbelievable
Now wants to increase the number of shares yet again to 1,426B

Dear Fellow Stockholders: You are cordially invited to attend the Annual Meeting of Stockholders (“Annual Meeting”) of Tilray Brands, Inc. (the “Company”) to be held on Thursday, November 21, 2024, at 11:00 a.m. EST. The Annual Meeting will be held in a virtual format, via live webcast over the internet.

Attached to this letter are a Notice of Annual Meeting of Stockholders and Proxy Statement, which describe the business to be conducted at the Annual Meeting.

Our Board of Directors (the “Board”) urges you to read the accompanying Proxy Statement and recommends that you vote “FOR”:
• The election of each of David Hopkinson and Thomas Looney, as Class III director nominees, each to serve until his term expires or until his successor is duly elected and qualified, as described herein;

• The ratification of the appointment of PricewaterhouseCoopers LLP as our independent registered public accounting firm for the fiscal year ending May 31, 2025;

• Approval to increase the number of shares of common stock the Company is authorized to issue from 1,208,000,000 shares of capital stock to 1,426,000,000 shares of capital stock (the “Authorized Shares Proposal”);

• Approval of the governance changes to the Company’s Fourth Amended and Restated Certificate of Incorporation (the “Charter”) to (i) declassify the Board and provide that all directors will be elected at each annual meeting of stockholders and (ii) eliminate the provision of the Charter that allows stockholders to remove directors only for cause (collectively, the “Governance Proposal”); and

• Any other business properly brought before the Annual Meeting

https://ir.tilray.com/static-files/0b55a004-a211-4452-a9f6-cef458da2469

Oh I should also mention the 13,217,558M shares he gave out to DD yesterday, which they will in turn just sell as per usual

On September 16, 2024, Tilray Brands, Inc., a Delaware corporation (“Tilray”), entered into an assignment and assumption agreement (the “Assignment and Assumption Agreement”) with Double Diamond Holdings Ltd. (“DDH”), an Ontario corporation, pursuant to which, among other things, Tilray acquired from DDH a promissory note in the amount of USD$23,791,657 (the “Note”) payable by 1974568 Ontario Limited (“Aphria Diamond”). DDH is a joint venturer with Aphria Inc., Tilray’s direct and wholly-owned subsidiary, in Aphria Diamond. As consideration for the Note, Tilray issued 13,217,588 shares of its common stock, par value $0.0001 per share (the “Consideration Shares”), to DDH.

https://ir.tilray.com/static-files/e148668e-91e0-45b5-ab9f-e3215bbb1c83

Anyways, moving right along
Enjoy The Rest of Your Day
Cheers

[DuDliedingle]

It's time for shareholders to say enough is enough. Time to prove that he can create a profitable company from the divisions he already has. Hold his feet to the coals. All he's done is missed all his projections. If these new shares were going to be used for buying a successful US company (key word , successful) and have someone else in Succession to run Tilray properly  then maybe

[CentreIce24]

Just a bump to try to keep it in the forefront  Irwin will get to 1.4B shares before Revenue hits $1B More dilution incoming • Approval to increase the number of shares of common stock the Company is authorized to issue from 1,208,000,000 shares of capital stock to 1,426,000,000 shares of capital stock (the “Authorized Shares Proposal”); Unfortunately none of this information is available on

[DuDliedingle]

I wish some interviewer would question him on that. But then again they all toss him a softball instead, otherwise he'd never do another interview. 

[CentreIce24]

You are not Wrong True That The analysts also do the same Irwin wasn't too happen with the last interview on BNN with Amber as she tried a couple of times to ask him a tough question, seemed rather annoyed with her Sara Eisen on CNBC usually tries to ask tough or pertinent questions if or when he goes on there But he likes to do interviews on Fox with his could friend Liz Claman as he knows