tiprankstipranks
Trending News
More News >

Better Choice Company Announces Spin-Out Distribution

Story Highlights

The latest update is out from Better Choice Company ( (BTTR) ).

On April 25, 2025, SRx Health Solutions, Inc. announced a Spin-Out Distribution to its stockholders of record as of April 23, 2025, distributing one share of Class A Common Stock of Halo Spin-Out SPV Inc. for every share of common stock held. This move is part of a business combination transaction with SRx Health Solutions, Inc. (Canada), completed on April 24, 2025. The company’s new name and ticker symbol, ‘SRXH,’ will be effective on the NYSE American on April 30, 2025.

Spark’s Take on BTTR Stock

According to Spark, TipRanks’ AI Analyst, BTTR is a Neutral.

Better Choice Company is facing significant financial and operational challenges with declining revenues and persistent losses. However, improvements in debt management, strategic focus on e-commerce, and international growth suggest potential for recovery. The recent sale of the Asian business further enhances financial flexibility. Despite technical indicators showing mixed signals, the company’s strategic pivots and financial health improvements contribute to a cautiously optimistic outlook.

To see Spark’s full report on BTTR stock, click here.

More about Better Choice Company

SRx Health Solutions Inc. is an integrated Canadian healthcare services provider operating in the specialty healthcare industry. It has a network across all ten Canadian provinces, offering comprehensive, integrated, and customized specialty healthcare services, combining industry knowledge, technology, and a patient-centric focus.

YTD Price Performance: -9.52%

Average Trading Volume: 143,053

Technical Sentiment Signal: Buy

Current Market Cap: $5.06M

For detailed information about BTTR stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App