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SRx Health Solutions To Distribute Shares Of Halo Spin-Out SPV To Stockholders Of Record As Of April 23, 2025, As Part Of Business Combination With SRx Health Solutions (Canada), With New Name And Ticker "SRXH" Effective April 30, 2025

Benzinga·04/25/2025 20:08:02
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SRx Health Solutions, Inc. (formerly known as Better Choice Company Inc.) (NYSE: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 stock of the Company held by the Record Stockholders. Halo SPV holds 17% of the issued and outstanding capital stock of Halo, Purely for Pets, Inc., a Delaware corporation and subsidiary of the Company. The payable date for the distribution is April 25, 2025.

The Spin-Out Distribution is a component of the previously announced business combination transaction between the Company and SRx Health Solutions, Inc. (Canada) which was consummated yesterday, Thursday, April 24, 2025.

The Company's new name and new ticker symbol, "SRXH," will take effect on the NYSE American on Tuesday, April 30, 2025.