Better choice company inc. announces closing of public offering

Tampa, florida, july 31, 2024 (globe newswire) -- better choice company inc. (nyse american: bttr) (the “company” or (“better choice”), a pet health and wellness company, today announced the closing of its public offering of 639,000 shares of its common stock and pre-funded warrants to purchase 1,280,000 shares of its common stock (“pre-funded warrants”). each share of common stock and pre-funded warrant was sold at a public offering price of $3.00 per share (inclusive of the pre-funded warrant exercise price), for gross proceeds of approximately $5 million, before deducting underwriting discounts and offering expenses. in addition, better choice has granted the underwriters a 45-day option to purchase up to an additional 100,000 shares of common stock and/or pre-funded warrants at the public offering price less the underwriting discount.
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