Better Choice Company Set to Retire up to $10.4M of Debt Obligations and Majority of Outstanding Warrants

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 ...