Better Choice Secures $4M Debt-to-Equity Conversion Ahead Of SRx Merger, Stock Up

(RTTNews) - Better Choice Company, Inc. (BTTR), Friday announced that SRx Health Solutions, Inc. has agreed to convert $4 million in debt into equity, strengthening its financial position.

The investment, made by a strategic distribution partner, supports the company's mission to provide innovative healthcare solutions.

The conversion is contingent on the upcoming merger between Better Choice and SRx Health, set to close in late April. Once finalized, the merged entity will become a leading global health and wellness provider for pets, people, and families.

BTTR is currently trading at $1.8528 or 9.96% higher on the New York Stock Exchange American.