---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-018789"
form_type: "8-K/A"
ticker: "SRXH"
cik: "0001471727"
company_name: "SRx Health Solutions, Inc."
filed_at: "2025-07-11T23:59:59+00:00"
generated_at: "2026-05-18T06:54:12.290529+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# SRx Health acquires SRx Canada; FY2024 net loss C$59.4M, goodwill impairment C$26.9M, going concern doubt

## Summary
- SRx Canada revenue C$200.5M for year ended Sep 30, 2024, net loss C$59.4M vs loss C$15.1M prior year.
- Goodwill impairment C$26.9M and intangibles impairment C$2.1M recorded in FY2024.
- Auditor's report includes material uncertainty about going concern due to net capital deficiency of C$72.0M.
- As of Sep 30, 2024, total liabilities C$117.6M exceed total assets C$45.6M.
- Pro forma combined financials filed; business combination closed Apr 24, 2025, with SRx Canada as surviving entity.

## SEC filing metadata
- accession: 0001641172-25-018789
- form_type: 8-K/A
- ticker: SRXH
- cik: 0001471727
- company_name: SRx Health Solutions, Inc.
- filed_at: 2025-07-11T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 9.01, 1.01, 2.01, 5.01, 5.02, 5.03, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1471727/000164117225018789/0001641172-25-018789-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1471727/000164117225018789/form8-ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-018789
- JSON: https://secwatch.observer/filing/0001641172-25-018789.json
- Plain text: https://secwatch.observer/filing/0001641172-25-018789.txt

## Key facts
- M&A Transactions
  SRx Health Solutions, Inc. completed an acquisition involving SRx Health Solutions (Canada), Inc. (closed 2025-04-24).
  - Action: acquisition
  - Counterparty: SRx Health Solutions (Canada), Inc.
  - Closing: 2025-04-24
  source text: On April 24, 2025 (the “Closing Date”), SRx Health Solutions, Inc., a Delaware corporation (f/k/a Better Choice Company, Inc.) (the “Company” or the “Registrant” or “we”, “us” or “our”) announced that it closed the business combination (the “Business Combination”) by and among the Company, 1000994476 Ontario Inc., an Ontario corporation (“AcquireCo”), 1000994085 Ontario Inc., an Ontario Corporation (“CallCo”) and SRx Health Solutions (Canada), Inc., an Ontario corporation (f/k/a SRx Health Solutions, Inc.) (“SRx Canada”), whereby the Company acquired SRx Canada pursuant to the terms of an Arrangement Agreement and Plan of Arrangement entered into on September 2, 2024, by and among the Company, AcquireCo, CallCo and SRx Canada (the “Arrangement Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1471727/000164117225018789/0001641172-25-018789-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.