Tilray stock lock up

Tilray Inc (NASDAQ: TLRY) is gaining big in the market this morning after reaching a deal with its majority stakeholder. Of course, the deal excited investors who have pushed the stock up by more than 10% so far this morning. Here's what's going on: Stop wasting your time! Start finding winning trades in minutes with […] Tilray Inc. said early Tuesday — the same day that the pot company's lock-up period expired, allowing executives and other early investors to sell their stock — that it has inked a deal with Authentic Brands Group to develop and market consumer cannabis brands around the world. Th

19 Sep 2018 Tilray was the first cannabis company to go public in an IPO on a U.S. stock exchange. Well, 83% of Tilray's stock is “locked up” for 180 days. 15 Jan 2019 Tilray Inc. (NASDAQ:TLRY), one of the Canadian marijuana stocks, saw its to sell its stock as the private placement lock-up expires this week. 15 Jan 2019 Shares of Tilray (TLRY) fell more than 17% on Tuesday after its post-IPO lockup period expired, allowing early investors in the Canadian  12 Dec 2018 Tilray's IPO lock-up period is set to expire. Investors should be wary of that positive bubble of news that follows Tilray (NASDAQ:TLRY) around  16 Jan 2019 to register, sell or distribute the 75 million shares that Privateer owns in Tilray, Inc. (NASDAQ: TLRY) when the lock-up expires next week.

Since then, Tilray announced a definitive merger agreement with Privateer to extend the lock-up on, and provide issuance of up to 75 million Tilray common shares to Privateer's equity holders

Tilray, Inc. and Privateer Holdings, Inc. Sign Letter of Intent to Extend Lock-up and Provide for Orderly Release of 75 Million Tilray Shares Held by Privateer the shares of Tilray stock Pursuant to the terms of the definitive merger agreement, each Privateer equity holder who receives the shares of Tilray stock in the merger will be subject to a lock-up allowing for the sale of The top shareholder in volatile cannabis stock Tilray Inc. has said it won't sell any stock when a lockup expires next week, boosting the pot stock's gain since the beginning of the year to 44 Tilray, Inc. and Privateer Holdings, Inc. Sign Definitive Agreement to Extend Lock-up and Provide for Orderly Distribution of 75 Million Tilray Shares Held by Privateer. 77 Percent of Tilray's Tilray Inc (NASDAQ: TLRY) said Monday that its largest shareholder, Privateer Holdings, has signed a definitive agreement to extend the lock-up it has on Tilray shares and provide for the Tilray, Inc. (NASDAQ: TLRY), a global leader in cannabis research, cultivation, production, and distribution, today announced that it has signed a definitive merger agreement with its largest stockholder Privateer Holdings, Inc. ("Privateer") for a transaction that will extend the lock-up on and provide for the issuance of up to 75 million Tilray shares to Privateer's equity holders (and Pursuant to the terms of the proposed transaction, the shares of Tilray stock distributed in the merger would be subject to a lock-up allowing for the sale of such shares only under certain

Tilray Tilray began trading on the Nasdaq in July, becoming the first cannabis company to have an initial public offering in the US. Tilray's post-IPO lock-up period expires Tuesday, allowing

Tilray Falls as July 2018 IPO Lock-Up Expires for Cannabis Group when the so-called lock-up expired on January 15. and eased pressure on the stock heading into the opening bell. Tilray CEO 77 Percent of Tilray's Total Shares Outstanding to be Released Over Extended Two-Year Lock-up Transaction to be Non-Dilutive for Tilray and Expected to be Tax-Efficient for Privateer Stockholders NANAIMO, British Columbia --(BUSINESS WIRE)--Sep. 9, 2019-- Tilray, Inc. Tilray, Inc. and Privateer Holdings, Inc. Sign Letter of Intent to Extend Lock-up and Provide for Orderly Release of 75 Million Tilray Shares Held by Privateer. Lock-up to be Extended for up to Two Years on 77 Percent of Tilray's Total Shares Outstanding. Transaction Expected to be Tax-Efficient for Privateer Stockholders IPO Lockup Expirations A lock-up on an IPO prevents major shareholders and company insiders from selling shares in the company for a specified number of days following an IPO to prevent the market from being flooded with too much supply of a company's stock. When Tilray began trading publicly on July 19, the clock started ticking on the company's 180-day lock-up period. A lock-up period describes the length of time that the insiders and pre-IPO In January, Tilray stock was one of the pot stocks that hugely suffered effects of the lockup expiration, with Tilray stock dropping 17% on the day of lockup expiration. >> TGOD Stock Up: Dutchman Opening Second Cannabis Store in Jamaica Tilray's majority shareholder, Privateer Holdings, announced that it would voluntarily extend its lockup agreement holding until the second half of this year.

Cannabis grower Tilray valued at up to US$1.5 billion for Nasdaq IPO The Nanaimo-based producer is the last large Canadian marijuana company to go public

Tilray's case is a little unusual since Privateer is the only main insider that owns Tilray's stock and they can't sell shares without sending the stock crashing. If anything, the lock-up extension adds some confusion to the markets since Tilray's original IPO was completed over a year ago, well past the period where most companies end After the 180-day lock-up period ended, many insiders began to sell Tilray stock. President and CEO Brendan Kennedy sold 106,109 shares on Apr. 2. CFO Mark Casteneda also unloaded 30,000 shares. Tilray shares end IPO week up more than 70 per cent Stock jump values company at about US$2.7 billion. Tilray Inc. continued its stock market tear on Friday, leaping a further 32 per cent on Tilray did not pay any cash consideration in connection with the merger. As previously disclosed, each Privateer equity holder who received the shares of Tilray stock in the merger is subject to a lock-up allowing for the sale of such shares only under certain circumstances over a two-year period. Cannabis grower Tilray valued at up to US$1.5 billion for Nasdaq IPO The Nanaimo-based producer is the last large Canadian marijuana company to go public Tilray was the first pure-play marijuana stock to have an IPO on a U.S. exchange (the Nasdaq) back in July 2018. The idea that Privateer -- then as now the company's major shareholder -- would flood the market with its shares once the original lock-up period expired was a major worry with Tilray stock. The company had revenue of $46.90 million for the quarter, compared to the consensus estimate of $55.52 million. Tilray had a negative net margin of 191.75% and a negative return on equity of 46.96%. The firm's revenue was up 202.6% compared to the same quarter last year. During the same period last year, the business posted ($0.33) EPS.

10 Jun 2019 During the first year of the two-year lockup period, Tilray shares will be released only pursuant to marketed offerings and/or block trades to 

Tilray, Inc. and Privateer Holdings, Inc. Sign Letter of Intent to Extend Lock-up and Provide for Orderly Release of 75 Million Tilray Shares Held by Privateer Shares of Tilray, the Canadian cannabis producer, were up as much as 13% in early trading Monday after the company announced that it extended the share lock-up period of a major shareholder. Marijuana producer Tilray was tanking, down more than 12 % to $ 87.50 a share, Tuesday as the company's lock-up period expires, allowing early investors to sell shares from the company's July public listing.. Tilray began trading on the Nasdaq in July, becoming the first cannabis company to have an initial public offering in the US.

Tilray (TLRY) Stock Rallies Over Lock-Up Expiration Saga January 11, 2019, 1:32 PM EDT SHARE ON: Tilray is a mover and shaker out on the Street today, with investors sparking the stock on an Tilray Falls as July 2018 IPO Lock-Up Expires for Cannabis Group when the so-called lock-up expired on January 15. and eased pressure on the stock heading into the opening bell. Tilray CEO 77 Percent of Tilray's Total Shares Outstanding to be Released Over Extended Two-Year Lock-up Transaction to be Non-Dilutive for Tilray and Expected to be Tax-Efficient for Privateer Stockholders NANAIMO, British Columbia --(BUSINESS WIRE)--Sep. 9, 2019-- Tilray, Inc. Tilray, Inc. and Privateer Holdings, Inc. Sign Letter of Intent to Extend Lock-up and Provide for Orderly Release of 75 Million Tilray Shares Held by Privateer. Lock-up to be Extended for up to Two Years on 77 Percent of Tilray's Total Shares Outstanding. Transaction Expected to be Tax-Efficient for Privateer Stockholders IPO Lockup Expirations A lock-up on an IPO prevents major shareholders and company insiders from selling shares in the company for a specified number of days following an IPO to prevent the market from being flooded with too much supply of a company's stock. When Tilray began trading publicly on July 19, the clock started ticking on the company's 180-day lock-up period. A lock-up period describes the length of time that the insiders and pre-IPO In January, Tilray stock was one of the pot stocks that hugely suffered effects of the lockup expiration, with Tilray stock dropping 17% on the day of lockup expiration. >> TGOD Stock Up: Dutchman Opening Second Cannabis Store in Jamaica Tilray's majority shareholder, Privateer Holdings, announced that it would voluntarily extend its lockup agreement holding until the second half of this year.