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Better Choice Company Inc. Announces Pricing of Public Offering
Better Choice Company Inc. (NYSE American: BTTR), a pet health and wellness company, has announced the pricing of its underwritten public offering. The company is offering 1,667,000 sharesof common stock (or pre-funded warrants) at $3.00 per share, aiming to raise approximately $5 million in gross proceeds. ThinkEquity is acting as the sole book-runner for the offering, which is expected to close on July 31, 2024. Better Choice has granted underwriters a 45-day option to purchase up to an additional 100,000 shares. The company plans to use the net proceeds for general corporate purposes, including working capital, sales and marketing, and operating expenses.
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