Associated tags: Dog, Parent, Knowledge, Food, Health, Cat, TobyMac, Halo, NYSE, Better Choice Parking, Pet
Locations: HALO, COLORADO, KANSAS, TAMPA, FLORIDA, US
NEW YORK, June 30, 2021 (GLOBE NEWSWIRE) -- Better Choice Company (NYSE American: BTTR) (Better Choice or the Company), an animal health and wellness company, today announced the conversion of approximately $23.0 million of convertible notes into common equity concurrent with the Companys uplist to the NYSE American.
Key Points:
- NEW YORK, June 30, 2021 (GLOBE NEWSWIRE) -- Better Choice Company (NYSE American: BTTR) (Better Choice or the Company), an animal health and wellness company, today announced the conversion of approximately $23.0 million of convertible notes into common equity concurrent with the Companys uplist to the NYSE American.
- Per the terms of the convertible notes, the holders will receive common shares at a conversion price equal to the public offering price of $5.00 per share, representing approximately 4.6 million common shares in aggregate.
- Together with the board, insiders and management, approximately 39% of all common equity holders will have entered into 180-day lock-up agreements.
- After months of preparation, I am incredibly excited to officially list on the NYSE American, which will only increase our visibility as a Company going forward.
NEW YORK, June 29, 2021 (GLOBE NEWSWIRE) -- Better Choice Company (NYSE: BTTR) (Better Choice or the Company), an animal health and wellness company, today announced the pricing of its underwritten public offering of 8,000,000 shares of its common stock at a public offering price of $5.00 per share.
Key Points:
- NEW YORK, June 29, 2021 (GLOBE NEWSWIRE) -- Better Choice Company (NYSE: BTTR) (Better Choice or the Company), an animal health and wellness company, today announced the pricing of its underwritten public offering of 8,000,000 shares of its common stock at a public offering price of $5.00 per share.
- The aggregate gross proceeds to Better Choice from the public offering are expected to be $40 million prior to deducting underwriting discounts, commissions and other estimated offering expenses.
- Better Choice has granted the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of common stock to cover over-allotments, if any.
- Better Choice plans to use the net proceeds of this offering for general corporate purposes.
The Company intends to use the net proceeds from this offering for working capital and general corporate purposes.
Key Points:
- The Company intends to use the net proceeds from this offering for working capital and general corporate purposes.
- The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
- The Company has applied to list its common stock on the NYSE American under the symbol BTTR.
- This offering is being made pursuant to a registration statement on Form S-1 (File No.
NEW YORK, June 14, 2021 (GLOBE NEWSWIRE) -- Better Choice Company (OTCQX: BTTR) (Better Choice) (the Company), an animal health and wellness company, announced that it has agreed to aggregate minimum purchases with its key Asian distribution partners totaling more than $100 million in sales from Jan 1, 2021 December 31, 2025.
Key Points:
- NEW YORK, June 14, 2021 (GLOBE NEWSWIRE) -- Better Choice Company (OTCQX: BTTR) (Better Choice) (the Company), an animal health and wellness company, announced that it has agreed to aggregate minimum purchases with its key Asian distribution partners totaling more than $100 million in sales from Jan 1, 2021 December 31, 2025.
- This represents both an acceleration of sales growth in key markets and an extension of contract term for certain distributors relative to previously disclosed figures.
- By delivering on this value proposition, Halo was able to achieve 95% growth in Asian sales in 2020, with sales in China representing 48% of total Asian sales.
- Scott Lerner, CEO of Better Choice stated, "We are incredibly excited to build upon and solidify already strong long-term relationships with our distribution partners in Asia.
NEW YORK, June 10, 2021 (GLOBE NEWSWIRE) -- Better Choice Company (OTCQX: BTTR) (Better Choice), an animal health and wellness company, today announced that it has submitted an application to the NYSE American exchange.
Key Points:
- NEW YORK, June 10, 2021 (GLOBE NEWSWIRE) -- Better Choice Company (OTCQX: BTTR) (Better Choice), an animal health and wellness company, today announced that it has submitted an application to the NYSE American exchange.
- Michael Young, Chairman of Better Choice, stated, This is an important milestone in the evolution of our company.
- Consistent with our prior guidance, we are on track to meet our stated goal of an uplist to a major North American exchange by the Summer of 2021.
- Scott Lerner, CEO of Better Choice, added, A pending up list to the NYSE American will greatly increase our visibility and provide us with an opportunity to put accretive capital to work.
NEW YORK, June 07, 2021 (GLOBE NEWSWIRE) -- Better Choice Company (OTCQX: BTTR) (Better Choice), an animal health and wellness company, today announced that upon the opening of the trading window management and the board have increased their ownership via open market purchases.
Key Points:
- NEW YORK, June 07, 2021 (GLOBE NEWSWIRE) -- Better Choice Company (OTCQX: BTTR) (Better Choice), an animal health and wellness company, today announced that upon the opening of the trading window management and the board have increased their ownership via open market purchases.
- Following the opening of the trading window insiders have accumulated a total of more than 200,000 additional shares in the open market as of Friday June 4, 2021.
- We look forward to updating the investor community further in the coming weeks, continued Mr. Young.
- Better Choice Company Inc. is a growing animal health and wellness company committed to leading the industry shift toward pet products and services that help dogs and cats live healthier, happier and longer lives.
Halo received this award alongside several other brands, including Orijen, Acana, K9 Natural and Instinct, as recognition for achieving the highest level of sales in 2020 on the largest retail platforms in China.
Key Points:
- Halo received this award alongside several other brands, including Orijen, Acana, K9 Natural and Instinct, as recognition for achieving the highest level of sales in 2020 on the largest retail platforms in China.
- We are honored to be recognized by the industry as one of the leading foreign pet food brands in China and are looking forward to driving sustained growth by increasing consumer awareness in 2021 and beyond, said CEO Scott Lerner.
- This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
- Any forward-looking statement made by us herein speaks only as of the date on which it is made.
The three months ended March 31, 2020 additionally includes non-cash dividends and stock purchase warrants associated with a contract that was subsequently terminated.
Key Points:
- The three months ended March 31, 2020 additionally includes non-cash dividends and stock purchase warrants associated with a contract that was subsequently terminated.
- Reflects non-recurring contract termination costs for the three months ended March 31, 2020.\nAbout Better Choice Company Inc.\nBetter Choice Company Inc. is a rapidly growing animal health and wellness company committed to leading the industry shift toward pet products and services that help dogs and cats live healthier, happier and longer lives.
- The Company has based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs.
- Some or all of the results anticipated by these forward-looking statements may not be achieved.
For more information, please visit https://www.betterchoicecompany.com .\nThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
Key Points:
- For more information, please visit https://www.betterchoicecompany.com .\nThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
- Further information on the Company\xe2\x80\x99s risk factors is contained in our filings with the SEC.
- Any forward-looking statement made by us herein speaks only as of the date on which it is made.
- The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.\n'
b'NEW YORK, April 26, 2021 (GLOBE NEWSWIRE) -- Better Choice Company (OTCQX: BTTR) (\xe2\x80\x9cBetter Choice\xe2\x80\x9d), an animal health and wellness company, today announces the appointment of Gil Fronzaglia, former Blue Buffalo founding shareholder, to the Board of Directors.\nMichael Young, Chairman of Better Choice, stated, \xe2\x80\x9cWe are excited to have Gil Fronzaglia join our Board of Directors.
Key Points:
- b'NEW YORK, April 26, 2021 (GLOBE NEWSWIRE) -- Better Choice Company (OTCQX: BTTR) (\xe2\x80\x9cBetter Choice\xe2\x80\x9d), an animal health and wellness company, today announces the appointment of Gil Fronzaglia, former Blue Buffalo founding shareholder, to the Board of Directors.\nMichael Young, Chairman of Better Choice, stated, \xe2\x80\x9cWe are excited to have Gil Fronzaglia join our Board of Directors.
- Not only does Gil have exceptional experience in the pet space as a founding member of Blue Buffalo, but he has built and sold many consumer-packaged goods companies in the natural food and beverage industry.
- Gil brings a wealth of industry specific knowledge and invaluable industry contacts, which will help to accelerate Better Choice\xe2\x80\x99s already rapidly growing revenue.\xe2\x80\x9d\nMr.
- I look forward to supporting the amazing executive team here at Better Choice, and feel I can really help further their successes.
