Tilray Brands Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

false 0001731348 0001731348 2025-11-19 2025-11-19

 

 

 

 

 

 

 

 

 

Registrant’s Telephone Number, Including Area Code: (844) 845-7291

 

(Former Name or Former Address, if Changed Since Last Report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

 

 

 

 

Securities registered pursuant to Section 12(b) of the Act:

 

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

Item 5.07         Submission of Matters to a Vote of Security Holders.

 

On November 18, 2025, Tilray Brands, Inc. (the “Company”) held its 2025 annual meeting of stockholders (the “Annual Meeting”), at which a quorum was present.

 

At the Annual Meeting, stockholders considered and voted on the following proposals, each of which is described in more detail in the Company’s proxy statement dated September 26, 2025 (the "Proxy Statement"): (1) the re-election of John Herhalt as the Class I director to serve until his term expires or until a successor is duly elected and qualified; (2) the ratification of the appointment of PricewaterhouseCoopers LLP ("PWC") as the Company's independent registered accounting firm for the current fiscal year; (3) approval of the non-binding advisory resolution on the named executive officer compensation; and (4) the approval of the amendments (the “Governance Changes Proposal”) to the Company’s Certificate of Incorporation, as amended, to declassify the Company’s Board of Directors and eliminate provisions that allow stockholders to remove directors only for cause.

 

Each of the first and second proposals were formally approved and the third proposal was supported by approximately 70% of the vote of the Company’s stockholders at the Annual Meeting, as detailed in the voting results outlined below. 

 

The fourth proposal did not receive sufficient votes cast to approve the Governance Changes Proposal (i.e., majority of outstanding shares).

 

Proposal No. 1 – Election of the Class I Director:

 

 

 

 

Proposal No. 2 – Ratification of Selection of PWC as Independent Registered Public Accounting Firm:

 

 

 

Proposal No. 3 – Voting Results for the Non-Binding Advisory Resolution on the Named Executive Officer Compensation:

 

 

 

 

 

Proposal No. 4 – Governance Changes Proposal:

 

 

 

 

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

Date: November 19, 2025                                                                                     

By: /s/ Mitchell Gendel

Name: Mitchell Gendel

Title: Global General Counsel