HEXO Corp. (NASDAQ:HEXO) (TSX:HEXO) announced that, on or about May 16, 2022, the company expects to file a management information circular in respect of the special meeting of shareholders of the company scheduled to be held on June 14th to seek shareholder approval of, in accordance with the polices of the Toronto Stock Exchange, certain aspects of the transactions contemplated by:
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the proposed amendment to the terms of the company’s outstanding senior secured convertible note to be assigned to Tilray Brands, Inc. (NASDAQ:TLRY) pursuant to the terms of the transaction agreement and the assignment and assumption agreement, each entered into by and among Tilray, HEXO and HT Investments MA LLC on April 11, 2022, and
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the equity purchase agreement with an affiliate of KAOS Capital Inc., all as more particularly described in the company’s press release dated April 12, 2022. This is an important and significant step forward in executing on the company’s strategic plan.
