NEWS
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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Ismer Amizur : oh boy... not a good news... hopefully it will do a quick spike today
103892611 Ismer Amizur : go up to $7. then can get out
Jaguar8 OP Ismer Amizur : Unlikely with dilution. It’s now 3.01 on overnight trading. Price of offering is $3/sh
103892611 Jaguar8 OP :![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Jaguar8 OP 103892611 : Unless traders don’t really care and pump it which is unlikely
Ismer Amizur 103892611 : ya.... need to monitor closely.. haish
103892611 Ismer Amizur : on boy. just keep dropping down to the ground
Ismer Amizur 103892611 : looks like i have to be an investor for this company![sweat_smile 😅](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f605.png)
103892611 Ismer Amizur : hold and wait![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)