other material
confidence high
sentiment neutral
materiality 0.30
Better Choice exercises over-allotment, raising ~$300K more for total ~$5.3M
SRx Health Solutions, Inc.
- Underwriter exercised over-allotment to buy 100,000 shares at $3.00/share on Aug 2, 2024.
- Total gross proceeds increased to ~$5.3M from initial ~$5.0M; net proceeds not disclosed.
- Over-allotment shares priced same as initial offering; no terms changed.
- Original offering comprised 639,000 shares and pre-funded warrants for 1,028,000 shares.
- Underwriting discounts and offering expenses still payable; final net proceeds pending.