Gambling.com Files to Sell 6.7M Common Shares

Gambling.com has filed to sell 6.7 million shares of common stock for holders. The prospectus is not an offer to sell securities. This filing is related to Gambling.com's NASDAQ listing.

Tilray Brands, Inc. (NASDAQ:TLRY) has announced it is exploring a reverse stock split to comply with Nasdaq listing requirements. The cannabis and consumer packaged goods firm has filed a request to extend the deadline for regaining compliance, which is tied to its per-share price. The extension request underscores Tilray's efforts to maintain its Nasdaq listing while navigating market volatility and evolving U.S. policy signals around cannabis [1].

The potential reverse stock split is one of several capital-structure options Tilray is evaluating. This move aims to protect its listing while the board reviews next steps. Chief Executive Irwin Simon noted that recent trading strength reflects confidence in Tilray's diversified platform, following President Trump’s review of cannabis rescheduling [1].

Tilray has also highlighted momentum in its medical business in Europe. Its wholly-owned subsidiary, FL Group S.R.L., formed a new distribution alliance in Italy with L. Molteni & C. dei F.lli Alitti Società di Esercizio S.p.A. to broaden access to cannabis extracts for patients, reflecting growing demand and new partnership opportunities across the region [1].

Meanwhile, Gambling.com (NASDAQ:GAMB) has filed a preliminary prospectus for the offer and sale of $200 million in mixed securities, including 6.7 million shares of common stock for existing holders. This filing is related to Gambling.com's NASDAQ listing but is not an offer to sell these securities [2].

References:
[1] https://www.aol.com/tilray-eyes-reverse-stock-split-182846382.html
[2] https://seekingalpha.com/news/4485812-gambling-com-files-200m-mixed-securities-shelf