Tilray Brands, Inc. (NASDAQ: TLRY) (TSX:TLRY) announced that Tilray Brands’ stockholders formally approved an amendment to the company’s certificate of incorporation (the “charter amendment”). The charter amendment will, at the effective time of filing, cancel the company’s authorized but unissued class 1 common stock and re-allocate such authorized shares to class 2 common stock. At the effective time of filing the charter amendment, the company’s “class 2 common ctock” will be reclassified and designated as “common stock”.
Irwin D. Simon, Tilray Brands’ chairman and CEO stated: “On behalf of our board of directors and management team, we thank our stockholders for their strong …