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

After-Hours Stock Movers:

Hexo Corp (NASDAQ:) 23% LOWER; entered into a definitive arrangement agreement with Tilray for a transaction whereby Tilray will acquire all of the issued and outstanding common shares of Hexo.

Kura Sushi USA Inc (NASDAQ:) 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 Inc (NASDAQ:) 6% LOWER; entered into a definitive arrangement agreement with Hexo Corp for a transaction whereby Tilray will acquire all of the issued and outstanding common shares of Hexo.