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Synergy CHC Corp. Announces Pricing of $4.375 Million Public Offering
Globenewswire· 2025-08-26 01:30
Core Viewpoint - Synergy CHC Corp. has announced a public offering of 1,750,000 shares at a price of $2.50 per share, aiming for gross proceeds of $4.375 million before expenses [1] Group 1: Offering Details - The offering includes a 45-day option for underwriters to purchase an additional 262,500 shares at the same public offering price [1] - The expected closing date for the offering is August 27, 2025, pending customary closing conditions [1] - The company will issue warrants to the underwriter for the purchase of up to 52,500 shares, which can increase to 60,375 shares if the over-allotment is exercised [3] Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for working capital and other general corporate purposes [2] Group 3: Company Overview - Synergy CHC Corp. specializes in consumer health and wellness products, with flagship brands including FOCUSfactor® and Flat Tummy® [7] - FOCUSfactor® is a clinically studied brain health supplement with a 25-year legacy, distributed in major retailers across the U.S., Canada, and the U.K. [7] - The company is experiencing growth and expanding into new markets, with recent retail successes expected to drive gains in late 2025 [7]
Restart Life Sciences Provides Corporate Update on Strategy and Growth Initiatives
Newsfile· 2025-08-21 20:00
Core Viewpoint - Restart Life Sciences Corp. has decided to cancel its previously planned LIFE financing to pursue more flexible financing structures that align with evolving market opportunities and shareholder interests [1][2]. Strategic Rationale - The company remains committed to advancing its pipeline of consumer and brain health brands, emphasizing the need for capital structures that maximize flexibility for partnerships and collaborations [3]. Operational Update - Restart Life is actively developing and launching its brands focused on brain health, functional foods, and nutritional innovation, targeting a rapidly growing health and wellness segment [4]. Research & Development - The company is exploring studies to enhance credibility, guide product development, and strengthen its competitive positioning for long-term market success [5]. Positioning for Growth - Management is focused on disciplined execution, balancing product launches with validation and global expansion to achieve sustainable growth and long-term shareholder value [6]. Management Commentary - The CEO highlighted the pivotal stage for the company, emphasizing the strategy to pursue the right partnerships and financing structures to support sustainable growth while maintaining a healthy capital structure [7].