BTTR Better Choice


Data from SEC filings
Employee count

Shareholder alignment

Proxy contests and exempt solicitations in last 3 years

No recent proxy contest or exempt solicitation filings from shareholders.

Vote support at last AGM
On May 28, 2021, stockholders of Better Choice Company Inc. (the “Company”) holding a majority of the voting power of the Company entitled to vote (the “Consenting Stockholders”) as of the record date of May 28, 2021 (the “Record Date”) approved the following matter by way of a written consent resolution:

•Authorization of the Company’s board of directors (the “Board”), in its sole and absolute discretion, and without further action of the stockholders, to file an amendment to the Company’s amended and restated certificate of incorporation to affect a reverse stock split (the “Reverse Stock Split”) of the Company’s issued and outstanding common stock, par value $0.001 per share (the “Common Stock”), at a ratio in the range of 1-for-3 to 1-for-10 at any time prior to December 31, 2021, with the exact split ratio and timing to be determined in the Board’s sole and absolute discretion.

On the date of the written consent, which is the Record Date and the date the Company received a copy of the written consent of the Consenting Stockholders, there were issued and outstanding 66,028,348 shares of Common Stock and 17,293.55 shares of Series F Preferred Stock, par value $0.001 per share (the “Series F Preferred Stock”), convertible into 34,587,100 shares of Common Stock. Each share of Common Stock entitled the holder to one vote per share. Shares of Series F Preferred Stock are entitled to vote on an as-converted basis with the Common Stock as a single class, such that each share of Series F Preferred Stock was entitled to 2,000 votes. Accordingly, on the Record Date, the total voting capital stock issued and outstanding (on an as converted basis) amounted to 100,615,448 shares with total voting power of 100,615,448 votes.

The Consenting Stockholders from whom we obtained the written consent in lieu of a meeting held in the aggregate 51,116,803 shares of voting capital stock (on an as converted basis) representing 50.8% of the outstanding voting power of the Company’s stockholders. As the Reverse Stock Split was approved by written consent, there were no votes against, abstaining or broker non-votes in relation to these matters.