Synergy CHC Corp. announced the closing of its underwritten public offering on August 27, 2025. The offering involved 1,750,000 shares of common stock at a public offering price of $2.50 per share, generating aggregate gross proceeds of $4.375 million.
The company also confirmed that it granted the underwriters a 45-day option to purchase up to an additional 262,500 shares. Additionally, Synergy issued warrants to the underwriter to purchase up to 52,500 shares of common stock, exercisable beginning 180 days from the closing of the offering.
This successful capital raise provides Synergy with additional funds for working capital and general corporate purposes. The completion of this offering strengthens the company's financial position to support its ongoing operations and growth initiatives.
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