Core Viewpoint - SRx Health Solutions, Inc. has successfully closed a $7.3 million convertible note financing and secured a $50 million equity line of credit, significantly strengthening its balance sheet and providing additional working capital for growth initiatives [1][2] Financing Details - The $7.3 million financing was led by insiders and existing investors, marking a pivotal milestone in the company's transformation into a leading North American healthcare provider [1][2] - The $50 million equity line of credit (ELOC) provides the company with the option to pursue accretive M&A opportunities in the U.S. while scaling its specialty pharma platform in Canada [2] Strategic Focus - The combined proceeds from the financing will support SRx Health's acquisition pipeline in the U.S., enhance its Canadian specialty pharma footprint, and invest in next-generation capabilities to improve patient access and operational efficiency [2][3] - SRx Health operates as an integrated healthcare services provider within the specialty healthcare industry, with a network that spans all ten Canadian provinces [3]

TAMPA, Fla., June 11, 2025 (GLOBE NEWSWIRE) -- SRx Health Solutions, Inc. (NYSE American: SRXH) (the “Company”), a leading global health and wellness company, today announced the following management team and Board of Directors changes. Lionel Conacher, current Board member, has been appointed as Chairman of the Board, Adesh Vora, current Executive Chairman, will remain on Board and be appointed Chief Executive Officer, Kent Cunningham, current Chief Executive Officer, will assume role as President, and Nin ...

EPS Improved 90% Year-Over-Year to $(0.37) Adjusted EBITDA1 Loss Improved 54% Year-Over-Year to $(0.6) Million Adjusted EBITDA Margin1 Improved (9)%, a 865 Basis Point Expansion Year-Over-Year TAMPA, Fla., May 15, 2025 (GLOBE NEWSWIRE) -- SRx Health Solutions Inc. (NYSE American: SRXH) (the “Company” or "SRx", previously known as “Better Choice”), a leading global health and wellness company, today announced its results for the first quarter ended March 31, 2025. "We have executed a digital first strategy ...

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].

TAMPA, Fla., May 06, 2025 (GLOBE NEWSWIRE) -- SRx Health Solutions, Inc. (NYSE American: SRXH) (the “Company”), a leading global health and wellness company, today announced it will host a conference call and webcast on Thursday, May 15, 2025, at 4:30 p.m. ET to discuss its financial results for the first quarter 2025 and provide a business update. Conference Call and Webcast Information:Event: First Quarter 2025 Financial Results Conference CallDate: Thursday, May 15, 2025Time: 4:30 p.m. Eastern TimeLive C ...

TAMPA, Fla., May 01, 2025 (GLOBE NEWSWIRE) -- SRx Health Solutions, Inc. (NYSE American: SRXH) (the “Company”), a leading global health and wellness company, today announced that it will explore an initiative to allocate up to 10% of future cash flows and cash reserves into cryptocurrencies and precious metals, including Bitcoin (BTC), Solana (SOL), as well as physical gold and silver. “We view that diversifying a portion of our cash management strategy into cryptocurrencies and precious metals may enhance ...

TAMPA, Fla., April 25, 2025 (GLOBE NEWSWIRE) -- SRx Health Solutions, Inc. (formerly known as Better Choice Company Inc.) (NYSE American: BTTR) (the “Company”), a leading global health and wellness company, today announced that it will distribute (the “Spin-Out Distribution”) to its stockholders of record as of Tuesday, April 23, 2025 (the “Record Stockholders”) one share of Class A Common Stock, par value $0.001, of Halo Spin-Out SPV Inc., a Delaware corporation (“Halo SPV”), for every one share of common ...