WESTBROOK, Maine, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Synergy CHC Corp. (Nasdaq: SNYR) (“Synergy” or the “Company”), a leading consumer health and wellness company, today announced the pricing of an underwritten public offering of 1,750,000 shares of common stock at a public offering price of $2.50 per share for aggregate gross proceeds of $4.375 million prior to deducting underwriting discounts and commissions, and other offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 262,500 shares at the public offering price less the underwriting discounts and commissions. The offering is expected to close on Wednesday, August 27, 2025, subject to satisfaction of customary closing conditions.
Related Questions
How will the dilution from the additional 45‑day under‑writers option affect the share count and earnings per share?
What are the intended uses of the $4.375 million proceeds and how will they impact the company’s growth trajectory?
How does the $2.50 offering price compare to recent trading levels and what immediate price impact can be expected upon closing?