Better Choice Company Announces Notification of

From GlobeNewswire: 2024-04-29 16:15:00

Better Choice Company Inc., a pet health and wellness company, received a notice from the NYSE American notifying them of non-compliance with stockholder equity requirements. The company reported $3.0 million equity and losses in recent fiscal years. The notice has no immediate impact on the listing of their shares but requires a compliance plan to be submitted by May 24, 2024. The company must address how it plans to regain compliance by October 24, 2025. Failure to comply may result in delisting procedures. Better Choice Company is committed to achieving compliance but offers no guarantees.

The company’s shares will continue to trade on the NYSE American but with a “below compliance” designation. The company must submit a compliance plan by May 24, 2024, to regain compliance with listing standards by October 24, 2025. The company faces potential delisting if it does not meet the requirements within the set timeframe, with the option to appeal any delisting determination. Better Choice Company is focused on achieving compliance but cannot guarantee success.



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