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Better Choice Co Inc. - BTTR STOCK NEWS

Welcome to our dedicated page for Better Choice Co news (Ticker: BTTR), a resource for investors and traders seeking the latest updates and insights on Better Choice Co stock.

Better Choice Co Inc (NYSE: BTTR) is a leader in premium pet health solutions, specializing in natural nutrition and wellness innovations. This page aggregates all official corporate announcements, financial disclosures, and market developments.

Investors and industry stakeholders will find curated updates including earnings reports, product launches, strategic partnerships, and regulatory filings. Content spans key operational areas: natural pet food formulations, CBD supplements research, retail distribution expansions, and sustainability initiatives.

All materials are sourced directly from SEC filings, verified press releases, and executive communications. Bookmark this page for real-time updates on BTTR's progress in advancing pet wellness through science-backed solutions and ethical business practices.

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SRx Health Solutions Inc (NYSE American: BTTR) has announced a significant stock distribution plan known as the 'Spin-Out Distribution.' Record stockholders as of April 23, 2025, will receive one share of Halo Spin-Out SPV Inc's Class A Common Stock for each share of company stock they own. The distribution is payable on April 25, 2025.

Halo SPV holds 17% of the issued and outstanding capital stock of Halo, Purely for Pets, Inc., a Delaware and subsidiary of the Company. This distribution is part of a larger business combination transaction between the Company and SRx Health Solutions, Inc. (Canada), which was completed on April 24, 2025.

The company will begin trading under its new name and ticker symbol 'SRXH' on the NYSE American starting April 30, 2025.

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Better Choice Company (NYSE: BTTR), a pet health and wellness company, announced on April 25, 2025, the cancellation of its previously declared stock dividend. The company had announced on April 7, 2025, a stock dividend of 0.35 shares for every 1 share of common stock held, which will no longer be distributed to shareholders.

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Better Choice Company (NYSE: BTTR) has announced the completion of its merger with SRx Health Solutions and an $8.8 million private placement. The company will issue 28.6 million shares of common stock for the business combination and will undergo a name change to 'SRx Health Solutions Inc.' with a new ticker symbol 'SRXH' effective April 30, 2025.

The private placement, priced at $2.18 per share, involves the sale of 4,036,697 shares of common stock and pre-funded warrants to an institutional investor. The transaction positions the combined entity as a global health and wellness company focused on providing solutions for pets, people, and families. ThinkEquity served as the M&A advisor for the transaction.

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Better Choice Company (NYSE: BTTR) has announced revisions to its previously declared stock dividend schedule. The company will distribute a stock dividend of 0.35 shares for every 1 share of common stock held. The key dates have been updated as follows:

- New record date: April 28, 2025
- New payment date: April 29, 2025
- Ex-dividend date: April 30, 2025

Shares will trade with a due bill during the period from April 28-29, 2025. Shareholders must maintain their position through the payment date of April 29, 2025, to receive the stock dividend.

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Better Choice Company (NYSE: BTTR) has announced the reinstatement and expansion of its stock repurchase program, increasing the authorization to $6.5 million of outstanding common shares through December 31, 2025.

Under the previous $5 million program that expired December 31, 2024, the company repurchased 102,405 common shares at an average price of $1.9869 per share. The new repurchase program allows for shares to be bought through open market or private transactions, subject to Rule 10b-18 SEC requirements.

The timing and volume of repurchases will be determined by factors including stock availability, market conditions, trading price, and the company's financial performance. The program will be funded using cash on hand and can be modified, suspended, or discontinued at any time.

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Better Choice Company (NYSE: BTTR) has announced the successful sale of its Halo subsidiary's Asian business to CZC Company for $8.1 million in total gross proceeds. The deal includes $6.5 million in upfront cash (equivalent to $3.34 per share based on 2,422,005 shares outstanding as of March 25, 2025) and a 5-year royalty agreement.

The royalty agreement guarantees a minimum total payment of $1.65 million, based on a 3% royalty on sales over five years, with a minimum annual payment of $330,000. Halo, remaining wholly-owned by Better Choice, will retain its North American and global operations outside of Asia.

The transaction aims to strengthen the company's balance sheet and focus resources on core health and wellness offerings. Management indicates potential uses of the proceeds may include stock repurchase programs, dividends, or allocation into alternative assets.

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Better Choice Company (NYSE American: BTTR) has successfully regained full compliance with NYSE American's continued listing standards, as confirmed by formal notice from the Exchange. The company had previously received deficiency notices dated April 24, 2024, and July 9, 2024, regarding Sections 1003(a)(i) and 1003(a)(ii) of the NYSE American Company Guide.

The pet health and wellness company demonstrated compliance by meeting the applicable listing standards for two consecutive quarters. Chairman Michael Young emphasized this achievement as validation of their efforts to strengthen their financial foundation, highlighting their commitment to disciplined execution and shareholder value creation.

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Better Choice Company (NYSE: BTTR) has announced a revision to the payment date for its previously declared stock dividend. The company will distribute 0.35 shares for each share of common stock held by stockholders of record as of April 17, 2025.

Key dates for the stock dividend include:

  • Record Date: April 17, 2025
  • Due Bill Period: April 17-21, 2025
  • Payment Date: April 21, 2025
  • Ex-dividend Date: April 22, 2025

Shareholders must maintain their stock holdings through the payment date of April 21, 2025, to receive the stock dividend. The revision primarily affects the administrative timeline while maintaining the original record date.

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Better Choice Company (NYSE: BTTR) has announced a stock dividend distribution of 0.35 shares for each share of common stock held. The dividend will be distributed to shareholders who are registered as of 5:00 p.m. ET on April 17, 2025, with shares being issued at 7:59 p.m. ET on the same day. This decision comes following approval from the company's Board of Directors.

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Better Choice Company (NYSE: BTTR) Chairman Michael Young provided an update on the company's pending acquisition of SRx Health Solutions. A strategic partner of SRx Health has converted debt to equity ahead of the merger closing, reducing debt by CAD$4 million. The deal structure includes a collar ensuring the number of BTTR shares issued to SRx Health remains unchanged regardless of SRx Health's shareholder composition.

The merger is scheduled to close in late-April 2025, with the combined entity positioned to become a leading global health and wellness company focusing on solutions for pets, people, and families.

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4.00M
1.97M
16.47%
10.93%
5.54%
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