Better Choice Company, SRx Health to host shareholder update call on Oct. 15

Better Choice Company announced that management, along with the SRx Health Solutions team, will host a shareholder update call on Tuesday, October 15, 2024 at 4:30 PM Eastern Time. In early September 2024, Better Choice announced the signing of a definitive agreement to acquire SRx Health in an all-stock transaction for approximately $125 million. SRx Health operates one of the largest specialty pharmacy networks in Canada with 35 specialty pharmacy locations, 40 specialty health/infusion clinics, 4 clinical trial sites and 2 wholesale distribution facilities. SRx Health is only one of a few specialty pharma operators in Canada with a network that extends across Canada, making it one of the most accessible providers of specialty healthcare in the country. SRx Health in 2023 generated C$161.5 million in revenue and recently announced an increase of over 20% year-over-year to over C$200 million for the fiscal year ending September 30, 2024. SRx Health management expects revenue for fiscal year 2025 to similarly increase over 20% year-over-year. During the shareholder update call the management teams of both companies will provide the investment community with an update on the transaction, which is expected to close in the coming months.