Better Choice Company Adjourns Special Meeting of Stockholders to March 21, 2025
February 19 2025 - 1:44PM
Better Choice Company, Inc. (NYSE American: BTTR) (“Better Choice”
or the “Company”), a pet health and wellness company, announced
today that it convened its special meeting (“Special Meeting”) and
immediately adjourned the meeting, with conducting any business, to
March 21, 2025. The Special Meeting was adjourned as to all of the
proposals contained in the Company’s definitive proxy statement
filed with the Securities and Exchange Commission (“SEC”) on
January 28, 2025 (the “Proxy Statement”), including the proposal to
approve the arrangement transaction with SRx Health Solutions, Inc.
(“SRx”). The Company adjourned the Special Meeting to
allow SRx to continue to pursue its shareholder vote and the final
order by the Ontario Superior Court of Justice required to
consummate the arrangement transaction and to update Better Choice
shareholders of certain corporate actions to be taken by SRx and
the Company to ensure compliance with the NYSE American listing
requirements.
At the time the Special Meeting was adjourned
proxies had been submitted by Better Choice stockholders
representing approximately 71% of the shares of Better Choice’s
common stock outstanding and entitled to vote, which constituted a
quorum, with sufficient votes to approval of all the proposals
contained in the Proxy Statement including the proposal to approve
the arrangement transaction with SRx.
The Company intends to file with the SEC and
mail a supplement to the Proxy Statement in connection with the
Special Meeting to provide Better Choice stockholders sufficient
time to review the updated materials and cast their votes on a
fully informed basis.
As a result of the adjournment, the Special
Meeting will now be held at 9:00 a.m., Eastern Time,
on March 21, 2025, exclusively via live webcast at the
following address:
https://east.virtualshareholdermeeting.com/vsm/web?pvskey=BTTR2025SM.
The record date for the stockholders to vote at the Special Meeting
remains the close of business on January 21, 2025 (the
“Record Date”). Stockholders as of the Record Date can
vote, even if they have subsequently sold their shares. Proxies
previously submitted with respect to the Special Meeting will be
voted on all proposals at the adjourned Special Meeting unless
properly revoked in accordance with the procedures described in the
Proxy Statement, and stockholders who have previously submitted a
proxy or otherwise voted need not take any action.
About Better Choice Company
Inc. Better Choice Company Inc. is a rapidly growing pet
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. We take an alternative,
nutrition-based approach to pet health relative to conventional dog
and cat food offerings and position our portfolio of brands to
benefit from the mainstream trends of growing pet humanization and
consumer focus on health and wellness. We have a demonstrated,
multi-decade track record of success selling trusted pet health and
wellness products and leverage our established digital footprint to
provide pet parents with the knowledge to make informed decisions
about their pet’s health. We sell the majority of our dog food, cat
food and treats under the Halo brand, which is focused,
respectively, on providing sustainably sourced kibble and canned
food derived from real whole meat, and minimally processed raw-diet
dog food and treats. For more information, please
visit https://www.betterchoicecompany.com.
Forward Looking StatementsThis
press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
The words “believe,” “may,” “estimate,” “continue,” “anticipate,”
“intend,” “should,” “plan,” “could,” “target,” “potential,” “is
likely,” “will,” “expect” and similar expressions, as they relate
to us, are intended to identify forward-looking statements. 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. Further information
on the Company’s 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. Factors or events that could cause
our actual results to differ may emerge from time to time, and it
is not possible for us to predict all of them. 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.
Company Contact:Better Choice Company, Inc.Kent
Cunningham, CEO
Investor Contact:KCSA Strategic
CommunicationsValter Pinto, Managing DirectorT:
212-896-1254Valter@KCSA.com
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