Better Choice Company Signs Definitive Agreement to Sell Halo Asia for $8.1 Million in Total Gross Proceeds
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Better Choice Company has signed a definitive agreement to sell its Halo Asia operations for $8.1 million. The company will retain ownership of its North American and other global operations outside Asia.
February 19, 2025 | 12:45 pm
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Better Choice Company is selling its Halo Asia operations for $8.1 million, which will allow it to focus on its North American and other global markets.
The sale of Halo Asia for $8.1 million provides Better Choice with capital and allows it to concentrate on its core markets in North America and other regions. This strategic move is likely to be viewed positively by investors, potentially boosting the stock price in the short term.
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