Group 1 - Synergy CHC Corp. closed an underwritten public offering of 1,750,000 shares at a price of $2.50 per share, raising gross proceeds of $4.375 million before expenses [1] - The company granted underwriters a 45-day option to purchase an additional 262,500 shares at the public offering price [1] - The underwriter received warrants to purchase up to 52,500 shares, which can increase to 60,375 if the over-allotment is exercised, with specific expiration tranches [2] Group 2 - Bancroft Capital, LLC served as the sole book-running manager for the offering, with legal representation from Lucosky Brookman LLP [3] - Synergy CHC Corp. is known for its consumer health and wellness products, including flagship brands FOCUSfactor and Flat Tummy, with established distribution in major retailers [6] - FOCUSfactor is a clinically studied brain health supplement with a 25-year legacy, and the brand is expanding into new markets [6]

WESTBROOK, Maine, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Synergy CHC Corp. (NASDAQ: SNYR) ("Synergy" or the "Company"), a leading consumer health and wellness company, is confirmed to present at the 2025 Annual Gateway Conference, which is being held September 3-4 at the Four Seasons Hotel in San Francisco, CA. Synergy's management team is scheduled to present on Thursday, September 4 at 9:30 a.m. Pacific Time (PT). The presentation will be webcast live and available for replay here. In addition to the presentat ...

EG America, 6th Largest U.S. Convenience Chain, Bolstering 1,600+ High-Traffic Locations Nationwide WESTBROOK, Maine, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Synergy CHC Corp. (NASDAQ: SNYR) ("Synergy" or the "Company"), a leading consumer health and wellness company, today announced a major retail distribution win for its FOCUSfactor Focus + Energy beverage line through EG America, the 6 largest convenience store chain in the United States. With more than 1,600 locations nationwide under banners including Cumber ...

WESTBROOK, Maine, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Synergy CHC Corp. (NASDAQ: SNYR) ("Synergy" or the "Company"), a consumer health and wellness company, is announcing its financial results for the three months ended June 30, 2025. "We are pleased to report another strong quarter, marking our tenth consecutive quarter of profitability," said Jack Ross, CEO of Synergy. "Revenue, gross profit, net income and earnings per share all grew year-over-year, reflecting our continued focus on disciplined execution a ...

Company Overview - Synergy CHC Corp. is a fast-growing consumer health and wellness company, providing products aimed at improving health and wellness [3] Upcoming Financial Results - The company plans to release its financial results for the second quarter ended June 30, 2025, on August 14, 2025, before market trading opens [1] - A conference call will be held at 9:00 a.m. ET / 6:00 a.m. PT with CEO Jack Ross and CFO Jaime Fickett to discuss the results [2] Product Portfolio - Synergy's brand portfolio includes FOCUSfactor, a clinically studied brain health supplement that enhances memory, concentration, and focus, and Flat Tummy, a lifestyle brand focused on women's wellness and weight management [3]

Core Insights - Synergy CHC Corp. has announced significant retail and distribution wins for its FOCUSfactor supplement and functional beverage lines, reflecting a focused strategy to scale its cognitive health portfolio [1][2] Supplement Gains - London Drugs will launch FOCUSfactor brain health supplements across all 80 store locations in Western Canada starting this summer, targeting a growing health and wellness consumer base [3][4] - Synergy has secured a national distribution agreement with McKesson Canada, allowing access to thousands of pharmacy and health-focused retail locations across Canada, with a rollout scheduled for Q4 2025 [4][5] Beverage Gains - Gabe's will introduce FOCUSfactor Focus + Energy beverages to 137 stores in the Mid-Atlantic and Southeast, with additional exposure through Old Time Pottery's 34 stores, totaling 171 retail locations across 20 states [5][6] - FOCUSfactor will showcase its beverage line at the 2025 ECRM Beverage Show in Dallas, meeting with over 25 national retailers and distributors representing over 32,000 doors across the USA [6][7] Building Momentum - The recent distribution wins follow a series of major agreements earlier this year, indicating accelerating momentum across both product lines and key regions, with expectations for further updates in the coming months [8]

Core Insights - Synergy CHC Corp. has announced significant retail and distribution gains in North America for its supplement and functional beverage portfolios, marking a major expansion in access to its products [1][2] Beverage Gains - Core-Mark has granted national item authorization for FOCUSfactor Focus + Energy beverages, allowing distribution across over 50,000 customer locations in all 50 U.S. states and Canada, with products expected on shelves in Q3 2025 [3][4] - Metro Ontario has launched FOCUSfactor Focus + Energy in over 125 grocery stores, while its convenience division will introduce the brand to over 600 locations starting July 2025 [4] - Energy North Group will add FOCUSfactor beverages to its offerings across its 70 convenience stores and gas stations in New England and Upstate New York, with availability beginning in Q3 2025 [5] - Downey Wholesale has included FOCUSfactor Focus + Energy in its national portfolio, targeting over 10,000 small wholesalers and independent retailers, with products expected to be available in Q3 2025 [6][7] Supplement Gains - Synergy has secured national placement for two FOCUSfactor SKUs within Walmart Canada's vitamin set, with rollout scheduled for Q4 2025, enhancing the brand's international growth strategy [8] - The expansion into Walmart Canada is seen as a significant milestone, building on an 18-year partnership with Walmart in the U.S. and reinforcing FOCUSfactor's leadership in the brain health category [8][9]

Core Viewpoint - Synergy CHC Corp. has secured a $20 million term loan credit agreement to enhance its capital structure and support growth initiatives [1][3]. Financial Details - The company received a $15 million term loan at closing with an interest rate of SOFR plus 8.5%, structured as interest-only through 2025 [2]. - Quarterly principal payments will commence in January 2026 at $175,000, increasing to $350,000 per quarter in 2027 and beyond [2]. - Additionally, a $2.5 million delayed draw facility and a $2.5 million uncommitted term loan incremental facility are available [2]. Strategic Implications - The CEO of Synergy emphasized that the refinancing supports the company's growth strategy and strengthens its capital structure, providing necessary flexibility for future growth [3]. - The delayed draw proceeds will enable the company to repay debt related to settlement agreements, enhancing financial stability as it pursues strategic goals [3]. Company Overview - Synergy CHC Corp. specializes in consumer health care and lifestyle products, with notable brands including FOCUSfactor, a brain health supplement, and Flat Tummy, a wellness brand focused on nutritional products for weight management [4].

Core Insights - Synergy CHC Corp. has appointed Erik Shields as Vice President of Beverage, effective May 26, 2025, to enhance its beverage business strategy [1][2] - Shields brings nearly 20 years of experience in sales leadership within both alcoholic and non-alcoholic beverage sectors, previously serving as Director of C-Store Sales at Trilliant Food & Nutrition [2][3] - The company is focusing on expanding its flagship brain health brand, FOCUSfactor, into the functional beverage category with the launch of Focus + Energy Drinks, which are designed to meet rising consumer demand for health-oriented beverage options [3][5] Company Strategy - The appointment of Erik Shields is seen as a strategic move to accelerate growth in the beverage category, leveraging his expertise in national strategies and key account management [2][4] - Shields will oversee the go-to-market strategy, distribution, and brand execution for the new Focus + Energy Drinks, aligning with trends in mental performance and functional beverages [3][4] - Synergy's current brand portfolio includes FOCUSfactor, a brain health supplement, and Flat Tummy, a wellness brand aimed at women's nutritional needs [5]

Core Insights - Synergy CHC Corp. reported a 30% year-over-year growth in earnings per share, marking its ninth consecutive quarter of profitability [2] - The company expanded its EBITDA margins to 24.1%, up from 19.7% in the prior year, indicating strong operational performance [2] - Synergy is preparing for international expansion into three new markets and is refinancing its debt to enhance cash flow and extend maturity to 2029 [2] Financial Performance - Revenue for Q1 2025 was $8.2 million, a decrease of 13% from $9.4 million in Q1 2024, primarily due to a non-repeating product sell-in [5] - Gross margin improved to 75.4% from 72.0% year-over-year, driven by a favorable product mix [5] - Operating expenses decreased by 15% to $4.2 million from $5.0 million in the same period last year [6] - Income from operations increased by 8% to $1.9 million compared to $1.8 million in Q1 2024 [6] - Net income rose by 51% to $876.3 thousand from $580.5 thousand year-over-year [7] - EBITDA for Q1 2025 was $1.98 million, up 7% from $1.85 million in Q1 2024, attributed to lower SG&A expenses [7] Balance Sheet and Cash Flow - As of March 31, 2025, cash and cash equivalents were approximately $177.9 thousand, down from $687.9 thousand at the end of 2024 [10] - Total liabilities decreased to $31.3 million from $33.0 million, reflecting a reduction of $1.7 million [10] - Inventory increased to $2.3 million from $1.7 million as of December 31, 2024 [10] - Cash used in operating activities was $822.8 thousand, slightly improved from $858 thousand in Q1 2024 [11] Business Developments - Synergy established a wholly owned subsidiary in Mexico and is onboarding key suppliers and retailers in the region [9] - The company signed a new long-term supplier agreement for FOCUSfactor products, effective April 2025, expected to yield significant cost savings [9] - During Q1, Synergy reduced outstanding liabilities by $1.7 million [9]