Workflow
Pet Health and Wellness
icon
Search documents
Better Choice Company Announces Closing of the SRx Health Merger, Name/Symbol Change and Completes $8.8 Million Private Placement Priced Above Last Market Closing Price
Globenewswire· 2025-04-25 12:45
Core Points - Better Choice Company, Inc. has completed its business combination with SRx Health Solutions, Inc. and closed an $8.8 million private placement [1][2] - The company will issue 28.6 million shares of common stock as part of the business combination and will change its name to "SRx Health Solutions Inc." with a new ticker symbol "SRXH" effective April 30, 2025 [2] - The Chairman of Better Choice expressed gratitude to shareholders and emphasized the transformative nature of this opportunity for the company [3] Company Overview - Better Choice Company, Inc. is focused on pet health and wellness, aiming to lead the industry shift towards healthier pet products and services [5] - The company adopts a nutrition-based approach to pet health, positioning its brands to benefit from trends in pet humanization and consumer health focus [5] - The Halo brand, under which the majority of its products are sold, emphasizes sustainably sourced ingredients and minimally processed options for pets [5]
Better Choice Company Signs Definitive Agreement for SRx Health Solutions to Convert CAD$4 Million in Debt to Equity
Globenewswire· 2025-04-04 13:15
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 Announces SRx Health's Participation at the 2025 Bloom Burton & Co. Healthcare Investor Conference on May 5th and 6th
GlobeNewswire News Room· 2025-03-24 16:30
Core Insights - Better Choice Company is participating in the 2025 Bloom Burton & Co. Healthcare Investor Conference, highlighting its commitment to the pet health and wellness sector [1][2] - SRx Health, a Canadian healthcare service provider, will present at the same conference, showcasing its focus on specialty pharmacy services [1][5] Company Overview - Better Choice Company is dedicated to transforming the pet health industry by offering nutrition-based products aimed at enhancing the health and longevity of pets [3] - The company primarily markets its products under the Halo brand, which emphasizes sustainably sourced ingredients and minimally processed diets [3] SRx Health Overview - SRx Health specializes in the Specialty Pharmacy segment, providing comprehensive healthcare services that include patient support programs and clinical trials [5][6] - The company aims to expand its specialty pharmacy locations from 34 to 100 across Canada, focusing on chronic and rare diseases [6]