Tilray completed its merger with Aphria on 5/3/2021 for Tilray stock.
The SEC filing for this merger is the Tilray form PREM14A filed February 19, 2021.
The companies plan to structure the merger so it is a non-taxable event. We will assume they are successful and will treat this merger as a simple merger. The information below is based on the information available from a form PREM14A filed with the SEC. Price information is from websites offering historical prices.
The Merger Entry Go to Transactions > Merger or Accounting > Securities > Record merger of securities depending on the version of the software being used. If you are unfamiliar with merger transactions you can get help at this URL: http://www.iclub.com/support/kb/default.asp?page=normal_merger
Here is the information needed for Aphria shareholders to complete the merger.
Old Security or Merging Company: Aphria (APHA)
Price per share of old Security / : Use last APHA valuation, if needed
Cash received: See your broker statement for cash-in-lieu
New Security: Tilray (TLRY)
New Security Price: 17.02 (Closing price on 5/3/2021)
Shares received : 0.8381 x (# of APHA shares owned).
(Remember to include fractional shares.)
For example, if you owned 100 APHA shares, you should receive 0.8381 x 100 = 83.81 TLRY shares.
Save the transaction and the merger has been entered.