Better Choice (BTTR) said Friday that SRx Health Solutions has signed a definitive agreement to convert 4 million Canadian dollars ($2.8 million) of its debt into equity.
The debt conversion is subject to the completion of the pending merger between Better Choice and SRx Health Solutions, expected in late April.
Shares of Better Choice were up more than 11% in recent Friday trading.
Price: 1.87, Change: +0.19, Percent Change: +11.10
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