TAMPA, Fla., Oct. 3, 2024 (GLOBE NEWSWIRE) — Better Choice Company (NYSE: BTTR) (“Better Choice” or the “Company”), a pet health and wellness company, today announced that its management team and The SRx Health Solutions Inc. (“SRx Health”) team will hold a shareholder update conference call on Tuesday, October 15, 2024 at 4:30 PM ET.
Shareholder update call details
Date and time: Tuesday, October 15, 2024
Time: 4:30pm (EST)
Webinar registration link: https://us02web.zoom.us/webinar/register/WN_m24xmEYZQXOpHecXe0yuxA#/registration
In early September 2024, Better Choice announced the signing of a definitive agreement to acquire SRx Health, a leading provider of innovative healthcare solutions, in an all-stock transaction for approximately $125 million.
SRx Health operates one of Canada’s largest specialty pharmacy networks, with 35 specialty pharmacies, 40 health/infusion clinics, four clinical trial facilities and two wholesale distribution facilities. Masu 1. SRx Health is one of the few specialty pharmaceutical companies with a pan-Canadian network, making us one of the most accessible specialty healthcare providers in the country.
SRx Health will generate revenues of C$161.5 million in 2023 and recently announced that its revenue for the fiscal year ending September 30, 2024 will increase by more than 20% year over year to more than C$200 million. did. SRx Health management expects fiscal 2025 revenues to be similar. This is an increase of over 20% compared to the previous year.
During a shareholder update conference call, management from both companies will provide an update to the investment community on the transaction, which is expected to close in the coming months.
About Better Choice Company Co., Ltd.
Better Choice Company Inc. is a rapidly growing pet health and wellness company committed to leading the industry’s transition to pet products and services that help dogs and cats live longer, healthier, happier lives. . Unlike traditional dog and cat food offerings, we take an alternative, nutrition-based approach to pet health and align with the mainstream trends of pet humanization and consumer interest in health and wellness. We are positioning our portfolio of brands to benefit. We have decades of success selling trusted pet health and wellness products and leverage our established digital footprint to help pet parents make informed decisions about their pet’s health. We will provide you with the knowledge to do so. We sell the majority of our dog and cat foods and treats under the Halo brand, including sustainably sourced kibble and canned food derived from real, whole meat, and minimally processed raw food, respectively. We focus on providing dog food and treats. Click here for more information.
https://www.betterchoicecompany.com.
Forward-looking statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “plans,” “may,” “goals,” “potential,” “likely,” “intends,” “anticipates” and similar expressions regarding our Company are forward-looking statements. The purpose is to identify. We believe that most of these forward-looking statements reflect our current expectations and expectations regarding future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Based on predictions. Some or all of the results anticipated by these forward-looking statements may not be achieved. Further information regarding our risk factors can be found in our SEC filings. Any forward-looking statements we make herein speak only as of the date on which they are made. There may be factors or events that occur from time to time that differ from actual results, and it is impossible to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by law.
Company contact:
Better Choice Company Co., Ltd.
Kent Cunningham, CEO
Investor contact information:
KCSA Strategic Communications
Valter Pinto, Managing Director
Phone: 212-896-1254
Valter@KCSA.com
1) The second warehouse in Western Canada is expected to be operational by the fourth quarter of 2025.
