0000000000-19-014899.txt : 20191217 0000000000-19-014899.hdr.sgml : 20191217 20191028123546 ACCESSION NUMBER: 0000000000-19-014899 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20191028 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: Tilray, Inc. CENTRAL INDEX KEY: 0001731348 STANDARD INDUSTRIAL CLASSIFICATION: MEDICINAL CHEMICALS & BOTANICAL PRODUCTS [2833] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 1100 MAUGHAN ROAD CITY: NANAIMO STATE: A1 ZIP: V9X 1J2 BUSINESS PHONE: 2064329325 MAIL ADDRESS: STREET 1: 1100 MAUGHAN ROAD CITY: NANAIMO STATE: A1 ZIP: V9X 1J2 PUBLIC REFERENCE ACCESSION NUMBER: 0001193125-19-266037 LETTER 1 filename1.pdf begin 644 filename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end TEXT-EXTRACT 2 filename2.txt October 25, 2019 Brendan Kennedy President and Chief Executive Officer Tilray, Inc. 1100 Maughan Road Nanaimo, BC V9X IJ2 Re: Tilray, Inc. Registration Statement on Form S-4 Filed October 11, 2019 File No. 333-234160 Dear Mr. Kennedy: We have limited our review of your registration statement to those issues we have addressed in our comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe our comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your registration statement and the information you provide in response to the comment, we may have additional comments. Registration Statement on Form S-4 filed October 11, 2019 Description of Tilray's Capital Stock Choice of Forum, page 170 1. We note your disclosure that Tilray's amended and restated certificate of incorporation provides that the Court of Chancery of the State of Delaware will be the exclusive forum for certain litigation, including any "derivative action." Please disclose whether your forum selection provision applies to actions arising under the Exchange Act. In that regard, Section 27 of the Exchange Act creates exclusive federal jurisdiction over all suits brought to enforce any duty or liability created by the Exchange Act or the rules and regulations thereunder. If this provision does not apply to actions arising under the Exchange Act, please tell us how you will inform investors in future filings that the provision does not apply to Exchange Act claims. Please also revise the related risk factor Brendan Kennedy Tilray, Inc. October 25, 2019 Page 2 on page 56 accordingly. You also state that Tilray's amended and restated certificate of incorporation provides that the federal district courts will be the exclusive forum for resolving any complaint asserting a cause of action arising under the Securities Act. We note Section 22 of the Securities Act creates concurrent jurisdiction for federal and state courts over all suits brought to enforce any duty or liability created by the Securities Act or the rules and regulations thereunder. Please revise your disclosure to state that investors cannot waive compliance with the federal securities laws and the rules and regulations thereunder and expand the related risk factor on page 56 to state that there is uncertainty as to whether a court would enforce such provision. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Refer to Rules 460 and 461 regarding requests for acceleration. Please allow adequate time for us to review any amendment prior to the requested effective date of the registration statement. Please contact Folake Ayoola at 202-551-3673 or Christine Westbrook at 202-551- 5019 with any other questions. Sincerely, FirstName LastNameBrendan Kennedy Division of Corporation Finance Comapany NameTilray, Inc. Office of Life Sciences October 25, 2019 Page 2 cc: Alan D. Hambelton, Esq. FirstName LastName