After-hours movers: HEXO, Tilray fall on merger deal

After-Hours Stock Movers:

HEXO Corp. (HEXO) 23% LOWER; entered into a definitive arrangement agreement with Tilray Brands, Inc. (TLRY) for a transaction whereby Tilray will acquire all of the issued and outstanding common shares of HEXO.

Kura Sushi USA, Inc. (KRUS) 7% LOWER; commenced an underwritten public offering of 1,100,000 shares of its Class A common stock. All shares of Class A common stock are being offered by the Company.

Tilray Brands, Inc. (TLRY) 6% LOWER; entered into a definitive arrangement agreement with Tilray Brands, Inc. (TLRY) for a transaction whereby Tilray will acquire all of the issued and outstanding common shares of HEXO.