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    Better Choice Company Inc. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

    4/17/25 7:26:06 AM ET
    $BTTR
    Beverages (Production/Distribution)
    Consumer Staples
    Get the next $BTTR alert in real time by email
    false 0001471727 0001471727 2025-04-16 2025-04-16 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

     

     

    FORM 8-K

     

     

     

    CURRENT REPORT

    PURSUANT TO SECTION 13 OR 15(d)

    OF THE SECURITIES EXCHANGE ACT OF 1934

    Date of Report (Date of earliest event reported): April 16, 2025

     

     

     

    Better Choice Company Inc. Better Choice Co Inc.

    (Exact name of Registrant as Specified in its Charter)

     

     

     

    Delaware   001-40477   83-4284557
    (State or other Jurisdiction
    of Incorporation)
      (Commission
    File Number)
      (IRS Employer
    Identification No.)

     

    12400 Race Track Road

    Tampa, Florida 33626

    (Address of Principal Executive Offices) (Zip Code)

     

     

     

    (Registrant’s Telephone Number, Including Area Code): (212) 896-1254

     

    N/A

    (Former name or former address, if changed since last report.)

     

     

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

    ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
       
    ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
       
    ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
       
    ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class  

    Trading

    Symbol(s)

      Name of each exchange on which registered
    Common Stock, $0.001 par value share   BTTR   NYSE American

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

     

    Emerging growth company ☐

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     

     

     

     

     

    Item 7.01Regulation FD Disclosure

     

    On April 16, 2025, the Company issued a press release announcing that it successfully completed the sale of its Asian business, to CZC Company LTD (the “Buyer”) for total gross proceeds of $8.1 million including $6.5 million, or $3.34 per share based on 2,422,005 common shares outstanding as of March 25, 2025, in cash, along with a 5-year royalty agreement.

     

    The information included in this Item 7.01 of this Current Report on Form 8-K shall not be deemed “filed” under the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as may be expressly set forth by specific reference to this Item 7.01 in such a filing.

     

    Item 9.01Financial Statements and Exhibits

     

    (d) Exhibits.

     

    Exhibits   Description
    99.1   Press Release dated April 16, 2025
    104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

     

    2

     

     

    SIGNATURE

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

      Better Choice Company Inc.
         
      By: /s/ Carolina Martinez
      Name: Carolina Martinez
      Title: Chief Financial Officer
         
    April 17, 2025    

     

    3

     

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