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Reported Earlier, Synergy CHC Prices $10.35M Initial Public Offering Of 1.15M Common Shares At $9/Share

Author: Benzinga Newsdesk | October 23, 2024 02:19am

Synergy expects to receive approximately $8.4 million of net proceeds from the offering, or $9.9 million if the underwriters exercise their option to purchase additional shares in full. Synergy intends to use the net proceeds of this offering to repay a portion of outstanding amounts under certain related party promissory notes and for general corporate purposes, including working capital.

Roth Capital Partners is acting as the sole manager for the proposed offering.

Posted In: SNYR


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