Synergy CHC Corp. (Nasdaq: SNYR) closed a public offering of 1,750,000 shares at $2.50 per share, raising $4.375 million. Underwriters have an option for an additional 262,500 shares. Warrants for up to 52,500 shares were also issued. Bancroft Capital, LLC was the book-running manager. The offering was made under a registration statement filed with the SEC. Synergy CHC Corp. develops and markets health and wellness products, including FOCUSfactor® and Flat Tummy® brands. Forward-looking statements caution potential risks and uncertainties. Investor relations can be contacted at [email protected].

Read more at GlobeNewswire: Synergy CHC Corp. Announces the Closing of its $4.375