Yep. The fact that Tilray is forced to issue Convertible Bonds with an Interest Coupon to raise capital so close to their IPO is a clear sign they F'd-Up the IPO.
The purpose of an IPO is to raise capital via going public. Tilray didn't raise enough capital so now they are either forced to issue more shares (dilution) or enter into the Bond Market.
Personally, I don't like start-ups that raise capital via debt. If the start-up's operations do not perform as planned, then they could be saddled with a debt service they can't cover.
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