Aphria shares were up about 4% in response, while . In an all-stock deal agreed to last . By Ambrish Shah. Aphria's (APHA) last trading day is today after completing its deal with Tilray (TLRY).The effective date for suspension of the shares is Monday,according to a Nasdaq. The news comes one business day after shareholders of the previous version of Tilray voted in favor of the deal. The merger between Aphria and Tilray was completed on May 3, 2021. Essentially Aphria is acquiring Tilray because after the smoke clears and all the shares are exchanged, it's an all-stock transaction. The market capitalization is now about $6 billion . This means that if the merger is successful, an . After merger ill reduce my position for them expensive us dollars but im holding 200 shares of tilray because im pretty sure that itll get back to $70 us eventually. Buy one share of Aphria for $25 to $26 per share. In reality, this is Aphria taking over Tilray. After Aphria and Tilray merge, the combined entity will be called Tilray and the shares will continue to trade on Nasdaq under the ticker TLRY. Generally IF a deal is struck, which may or may not happen, your shares would likely just convert to shares in the new business entity (either under the name Aphria, Aurora, or something new) at a rate determined in the (hypothetical) deal. Yet the terms of the . Last month, Aphria announced a merger with Tilray (NASDAQ:TLRY) in an all-stock deal likely to close in the second quarter of 2021. For a start, this merger is expected to create a combined equity value of $3.9 billion. So far nothing has happened along these lines, but it is still early . According to the merger terms, Aphria stockholders will get 0.8381 Tilray shares for each Aphria share that they hold. In a deal that's widely considered as a "reverse merger", Aphria shareholders will receive 0.8381 Tilray shares for each APHA stock that they currently own. If Tilray approves the merger, we expect the transaction to serve as a catalyst for additional merger and acquisition (M&A) agreements and this is a trend that our readers should be aware of. The combined entity had a combined . Merger Terms For APHA Stock. Cannabis producer Aphria (NASDAQ: APHA) stock has made a huge comeback in since early November. I have some APHA calls expiring in May, but now it has me wondering how the merger will affect Press J to jump to the feed. That came as Aphria - Get Aphria Inc Report and Tilray - Get Tilray Brands Inc. Report agreed to an all-stock merger valued at roughly $4 billion. Apr. Currently, investors are keen to cash in on the Aphria-Tilray merger arbitrage opportunity.A merger arbitrage occurs when the stock price of the target . Advertisement The two cannabis companies announced in December that they will merge under the Tilray name with Aphria CEO Irwin Simon at the helm and Tilray CEO Brendan Kennedy joining the board. The forecast for Tilray stock looks positive after the Aphria merger and it looks like a good long-term buy. Aphria's stock price has been steadily increasing since the start of February; however, there is still a difference of over 100% between Aphria's current price ($26.30 as of close on Feb 10, 2021) and the implied deal price ($53.56 based on TLRY price of $63.91 as of close Feb 10, 2021). Aphria and Tilray will not be able to enter the highly . Tilray (NASDAQ: TLRY) shareholders will vote on the all-stock merger with Aphria (NASDAQ . A s the marijuana world knows by now, Tilray (NASDAQ: TLRY) and Aphria (NASDAQ: APHA) are combining in a big weed-stock merger.. Still some merger arbitrage in Aphria stock. After Tilray's (TLRY) shareholders voted in favor of the proposed merger Aphria (APHA) last Friday, the two cannabis companies announced today the completion of the transaction.The combined . In an all-stock deal agreed to last December, each Aphria share held as of April 30 was swapped for 0.8381 of a Tilray share. A few months after the merger was reported, Canopy Growth Corporation (WEED.TO) (CGC) announced that it would acquire The Supreme Cannabis Company (FIRE.TO). After achieving EBITDA positivity and with an upcoming merger with Aphria, Tilray is poised to do well in the coming year. After the merger completion, the new . You won't lose value per se, but the deal may catalyze price movement, either up or down, for all of . In December 2020, Tilray (TLRY) and Aphria (APHA) agreed to merge. I owned Aphria shares on DeGiro prior to this happening, and still do. There's still a merger arbitrage . ET. But TLRY stock will likely fall once the merger goes through since it may take time for synergies to work. What happens to my Aphria stock whenRead More The combined . Forecast for Tilray stock after the Aphria merger. Aphria agrees to a reverse merger with Tilray, valuing the combined company with a listed EV of $3.9 billion. . Since the merger between Aphria and Tilray was announced on December 16, 2020, the two stocks have traded apart and resulted in a somewhat bizarre situation.Current share prices imply ~30% upside . Aphria's CEO Irwin Simon is taking over that role with the . Tilray Stock Is Expected to Fall After Aphria Merger Date. Aphria holds all the cards in this merger. In this segment from Motley Fool Live recorded on Feb. 5, 2021 . After the merger, the combined entity will generate $874 million in sales, making it the largest Canadian cannabis company. Aphria stock dipped and Tilray stock jumped Wednesday after announcing a $3.9 billion merger that the Canadian pot producers said would create the largest multinational weed company by revenue. Thanks to aphria the In this video, I forecast the next year for (APHA) Aphria stock & offer a one year price prediction Tilray shares surged more than 25% in pre-market trading Wednesday on the announcement of a merger with Canadian cannabis peer Aphria to create the world . Oh ya, im long on aphria and tilray too, ive held apha since 2016 and have made over 18k from her already. MarketBeat thinks these five companies may be even better buys.View. You may have heard about the Aphria merger with Tilray, that was completed a couple of days ago. After all that, Aphria is going to own something like 62, 63 . Aphria will lose its name and independent stock symbol on Wednesday. Consider that the price went from $5.50 to $20. The transaction was structured as a reverse acquisition, where Aphria acquired Tilray. Press question mark to learn the rest of the keyboard shortcuts . Aphria merges with Tilray. My investment thesis is Neutral on Aphria after the stock has doubled, and the . Wait for the merger to happen, at which point the Aphria share will turn into 0.8381 shares of Tilray. I had seen on other stock subreddits that Aphria shares would be automatically converted to Tilray shares (not specifically on DeGiro though), however this hasn't happened in my . Im convinced that when the pump and dump happened, the reason apha sold . 30 2021, Published 12:13 p.m. Key details about the Aphria-Tilray merger. Aphria shareholders will also own 68% of the new . Close the short position with the newly .