Full Press Release Details
Health Solutions, Inc. (formerly known as Better Choice Company Inc.) Announces Halo Spin-Out Distribution for Stockholders of Record
as of April 23, 2025
FL, April 25, 2025 (GLOBE NEWSWIRE) - SRx Health Solutions, Inc. (formerly known as Better Choice Company Inc.) (NYSE American:
BTTR) (the "Company"), a leading global health and wellness company, today announced that it will distribute (the "Spin-Out
Distribution") to its stockholders of record as of Tuesday, April 23, 2025 (the "Record Stockholders") one share of
Class A Common Stock, par value $0.001, of Halo Spin-Out SPV Inc., a Delaware corporation ("Halo SPV"), for every one share
of common stock of the Company held by the Record Stockholders. Halo SPV holds 17% of the issued and outstanding capital stock of Halo,
Purely for Pets, Inc., a Delaware corporation and subsidiary of the Company. The payable date for the distribution is April 25, 2025.
Spin-Out Distribution is a component of the previously announced business combination transaction between the Company and SRx Health
Solutions, Inc. (Canada) which was consummated yesterday, Thursday, April 24, 2025.
Company's new name and new ticker symbol, "SRXH," will take effect on the NYSE American on Tuesday, April 30, 2025.
SRx Health Solutions, Inc.
Health Solutions Inc. is an integrated Canadian healthcare services provider that operates within the specialty healthcare industry.
The SRx network extends across all ten Canadian provinces, making it one of the most accessible providers of comprehensive, integrated,
and customized specialty healthcare services in the country. SRx combines years of industry knowledge, technology, and patient-centric
focus to create strategies and solutions that consistently exceed client expectations and drive critical patient care initiatives aimed
to improve the wellness of Canadians. For more information on SRx Health Solutions Inc., please visit www.srxhealth.ca.
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.
Health Solutions, Inc.
Strategic Communications
Pinto, Managing Director