10:34 AM EDT, 03/11/2025 (MT Newswires) -- Better Choice ( BTTR ) said Tuesday it signed a binding letter of intent to acquire pharmacy services provider Choice Specialty Pharmacy through an option purchase agreement.

The purchase price is based on six times Choice Specialty's fiscal year 2024 adjusted earnings before interest, taxes, depreciation, and amortization of about $4.7 million and the deal will consist of a mix of stock and cash, according to Better Choice ( BTTR ).

Shares of Better Choice ( BTTR ) were down 4% in recent trading.

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