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SRx Health Solutions Further Diversifies Treasury Strategy with Purchase of Bitcoin; Company to Form a Crypto Treasury Subsidiary with Plan to Partner with an Industry Leader
Globenewswire· 2025-05-15 13:20
Core Viewpoint - SRx Health Solutions, Inc. is diversifying its treasury strategy by investing in cryptocurrencies, including Bitcoin and Solana, as part of its asset diversification plan [1][2][3]. Group 1: Investment Strategy - The company has allocated $1.5 million to purchase Solana Tokens (SOL) and plans to invest up to 10% of future cash flows and cash reserves into cryptocurrencies and precious metals [2]. - The Chairman of SRx Health Solutions, Adesh Vora, stated that the diversification of assets is aimed at enhancing financial resilience and creating long-term value for shareholders [3]. Group 2: Future Plans - The company is considering the establishment of a crypto treasury strategy, which could be developed as a separate subsidiary or integrated into the existing health and wellness platform with a suitable industry partner [4]. Group 3: Company Overview - SRx Health Solutions, Inc. is a Canadian healthcare services provider operating within the specialty healthcare industry, with a network that spans all ten Canadian provinces [5]. - The company focuses on creating strategies and solutions that exceed client expectations and improve patient care initiatives [5].
SRx Health Solutions Announces Intention to Create Subsidiary for Crypto-Based Borrowing
Globenewswire· 2025-05-09 13:49
Core Viewpoint - SRx Health Solutions, Inc. plans to establish a subsidiary to borrow cryptocurrencies like Solana and Bitcoin against its Halo assets, aiming to enhance financial flexibility for its business operations [1][2]. Group 1: Company Strategy - The proposed subsidiary will allow SRx to leverage its Halo profits in exchange for cryptocurrency, thereby limiting dilution for common shareholders while providing operational financial flexibility [2]. - The capital raised through this initiative will be directed towards marketing and sales budgets for the Halo brand, indicating a strategic focus on growth and market presence [2]. Group 2: Company Overview - SRx Health Solutions, Inc. is a Canadian healthcare services provider operating in the specialty healthcare industry, with a network that spans all ten Canadian provinces [3]. - The company emphasizes a patient-centric approach, combining industry knowledge and technology to deliver customized healthcare solutions that aim to improve wellness for Canadians [3].
SRx Health Solutions to Host First Quarter 2025 Financial Results Conference Call on May 15th at 4:30 p.m. ET
Globenewswire· 2025-05-06 12:45
Company Overview - SRx Health Solutions, Inc. is a leading global health and wellness company operating within the specialty healthcare industry in Canada [3] - The company provides comprehensive, integrated, and customized specialty healthcare services across all ten Canadian provinces [3] - SRx combines industry knowledge, technology, and a patient-centric focus to enhance client satisfaction and improve patient care initiatives [3] Upcoming Financial Results - The company will host a conference call and webcast on May 15, 2025, at 4:30 p.m. ET to discuss its financial results for the first quarter of 2025 [1][2] - Interested individuals can join the live call or access the webcast replay for 90 days on the company website [2]
SRx Health Solutions to Consider Allocating Up to 10% of Future Cash Flows and Cash Reserves to Bitcoin, Solana and Gold
Globenewswire· 2025-05-01 13:15
Core Viewpoint - SRx Health Solutions, Inc. plans to allocate up to 10% of future cash flows and cash reserves into cryptocurrencies and precious metals to enhance financial resilience and create long-term value for shareholders [1][2]. Company Overview - SRx Health Solutions, Inc. is a leading integrated healthcare services provider in Canada, operating within the specialty healthcare industry across all ten provinces [2]. - The company focuses on delivering comprehensive, integrated, and customized specialty healthcare services, leveraging industry knowledge and technology to improve patient care [2]. Strategic Initiative - The initiative to diversify into cryptocurrencies and precious metals, including Bitcoin (BTC) and Solana (SOL), aims to protect capital and strengthen the company's balance sheet in a changing economic environment [1][2].
SRx Health Solutions, Inc. (formerly known as Better Choice Company Inc.) Announces Halo Spin-Out Distribution for Stockholders of Record as of April 23, 2025
Globenewswire· 2025-04-25 20:05
Group 1 - SRx Health Solutions, Inc. will distribute one share of Class A Common Stock of Halo Spin-Out SPV Inc. for every share of common stock held by stockholders of record as of April 23, 2025 [1] - The Spin-Out Distribution is part of a business combination transaction between the Company and SRx Health Solutions, Inc. (Canada) that was completed on April 24, 2025 [2] - The Company's new name and ticker symbol "SRXH" will be effective on the NYSE American starting April 30, 2025 [2] Group 2 - SRx Health Solutions Inc. operates as an integrated healthcare services provider within the specialty healthcare industry across all ten Canadian provinces [3] - The Company focuses on creating strategies and solutions that enhance patient care and wellness in Canada [3]