BTTR - What's Going On With Better Choice Company Shares Thursday? | Benzinga
Better Choice Company Inc (AMEX:BTTR) stock is trading higher Thursday after the company announced it reached a settlement with Alphia, ending litigation and resulting in Better Choice retiring its senior debt.
What To Know: Better Choice, a pet health and wellness company, announced that it will retire its senior secured debt that includes $5 million in principal and $400,000 of payable-in-kind accrued interest.
In addition, the company will retire 335,640 warrants with a strike price of $11.44 per share that were set to expire in 2028.
Better Choice also announced that it entered into an agreement with Alphia to eliminate about $5 million of other indebtedness with savings up to $2.7 ...