Core Insights - Better Choice Company, Inc. has announced a definitive agreement with SRx Health Solutions, Inc. to convert $4 million in debt to equity, enhancing SRx Health's working capital and future cash flow [1] - This investment is contingent upon the merger between SRx Health and Better Choice, expected to close in late April, which will create a leading global health and wellness company [2] Company Overview - Better Choice Company, Inc. is focused on pet health and wellness, promoting nutrition-based products that cater to the growing trend of pet humanization and consumer health awareness [3] - The company primarily sells its products under the Halo brand, which emphasizes sustainably sourced ingredients and minimally processed options for pets [3] SRx Health Overview - SRx Health operates as a Canadian specialty pharmacy provider, focusing on comprehensive healthcare services from acute pharmaceutical needs to chronic disease management [4] - The company aims to expand its specialty pharmacy locations from 34 to 100 across Canada, with plans to extend its services internationally [4]
Better Choice Company Signs Definitive Agreement for SRx Health Solutions to Convert CAD$4 Million in Debt to Equity