Tilray Taps Cowen and Company to Sell up to $400 Million in Stock

In an 8-K filing released after the close, Tilray (NASDAQ: TLRY) announced that Cowen and Company has been selected to sell up to $400 million in stock once an S-3 registration statement is effective. Any sales will be an “at-the-market offering”: Pursuant to the Sales Agreement, each time Tilray wishes to issue and sell Shares under […]

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Author: Alan Brochstein, CFA