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Better Choice Company Set to Retire up to $10.4M of Debt Obligations and Majority of Outstanding Warrants
GlobeNewswire News Room· 2024-06-20 14:20
NEW YORK, June 20, 2024 (GLOBE NEWSWIRE) -- Better Choice Company (NYSE: BTTR) ("Better Choice" or the "Company"), a pet health and wellness company, today announced that it has reached an amicable settlement with Alphia, Inc. ("Alphia") that dismisses the Company's ongoing litigation with Alphia and results in the retirement of its senior secured debt that includes $5.0 million in principal and $0.4 million of payable-in-kind accrued interest as of March 31, 2024. The Company has also retired 335,640 warra ...
Better Choice Company Receives Letter from NYSE Regulation
globenewswire.com· 2024-05-24 20:05
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. The Company has based these forward-looking statements largely on our current expectations and projections about future event ...
Better Choice Company Receives Letter from NYSE Regulation
Newsfilter· 2024-05-24 20:05
NEW YORK, May 24, 2024 (GLOBE NEWSWIRE) -- Better Choice Company Inc. (NYSE American: BTTR) (the "Company" or "Better Choice"), a pet health and wellness company, announced today that it received a warning letter from NYSE Regulation regarding the Company's disclosure of material news in a manner that did not comply with the NYSE American Company Guide (the "Company Guide"). Section 401(a) of the Company Guide requires a listed company "to make immediate public disclosure of all material information concern ...
Better Choice pany (BTTR) - 2024 Q1 - Quarterly Results
2024-05-21 18:33
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Date of Report (Date of earliest event reported): May 17, 2024 12400 Race Track Road Tampa, Florida 33626 (Address of Principal Executive Offices) (Zip Code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2( ...
Better Choice pany (BTTR) - 2024 Q1 - Quarterly Report
2024-05-17 18:22
FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Or For the transition period from to Better Choice Company Inc. (Exact name of registrant as specified in its charter) Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the regis ...
Better Choice Company Announces First Quarter 2024 Results
Newsfilter· 2024-05-17 16:49
1 Adjusted EBITDA and Adjusted EBITDA margin are non-GAAP measures. Reconciliation of Adjusted EBITDA to net loss, the most directly comparable GAAP financial measure, is set forth in the reconciliation table accompanying this release. Better Choice Company Inc. Unaudited Condensed Consolidated Statements of Operations EPS Growth of 28% Year Over Year to $(3.60) Adjusted EBITDA1 Growth of 27% Year Over Year to $(1.4) Million Adjusted EBITDA Margin1 of (18)%, a 299 Basis Point Expansion Year Over Year TAMPA, ...
Better Choice Company Announces First Quarter 2024 Results
globenewswire.com· 2024-05-17 16:49
EPS Growth of 28% Year Over Year to $(3.60) Adjusted EBITDA1 Growth of 27% Year Over Year to $(1.4) Million Adjusted EBITDA Margin1 of (18)%, a 299 Basis Point Expansion Year Over Year TAMPA, Fla., May 17, 2024 (GLOBE NEWSWIRE) -- Better Choice Company Inc. (NYSE American: BTTR) (the "Company" or "Better Choice"), a pet health and wellness company, today announced its results for the first quarter ended March 31, 2024. FIRST QUARTER 2024 HIGHLIGHTS Net revenue of $7.9 million Gross margin of 33% Net loss im ...
Better Choice is Encouraged by the Potential DEA Reclassification of Marijuana
Newsfilter· 2024-04-30 20:00
NEW YORK, April 30, 2024 (GLOBE NEWSWIRE) -- Better Choice Company (NYSE:BTTR) ("Better Choice" or "the Company"), a pet health and wellness company, is encouraged by the potential DEA reclassification of marijuana. Michael Young, Chairman of Better Choice Company, commented, "As the environment for the cannabis industry continues to evolve, we look forward to watching the evolution of regulatory reform. Bona Vida CBD treats and chews, a wholly owned subsidiary of Better Choice, continues in our view to hav ...
Better Choice Company Board of Directors Authorize Stock Repurchase Program
Newsfilter· 2024-04-16 13:15
NEW YORK, April 16, 2024 (GLOBE NEWSWIRE) -- Better Choice Company Inc. (NYSE:BTTR) (the "Company" or "Better Choice"), a pet health and wellness company, announces that its Board of Directors has authorized a stock repurchase program under which the Company can repurchase up to $5 million of the currently outstanding shares of the Company's common stock, until December 31, 2024. Shares may be repurchased in open market or private transactions or pursuant to any trading plan that may be adopted in accordanc ...
Better Choice Company, Inc. Announces Fourth Quarter and Full Year 2023 Results
Newsfilter· 2024-04-12 20:39
Gross Margin Improved 300 basis points to 31% Year-Over-Year Adjusted EBITDA Grew 30% Year-Over-Year EPS Grew 45% Year-Over-Year TAMPA, Fla., April 12, 2024 (GLOBE NEWSWIRE) -- Better Choice Company Inc. (NYSE:BTTR) (the "Company" or "Better Choice"), a pet health and wellness company, today reported its financial results for the fourth quarter and year ended December 31, 2023. Kent Cunningham, CEO of Better Choice, stated, "In 2023, we realized significant gross margin improvement to 31%, fueled by strateg ...