SRx Health Solutions Announces Intention to Create Subsidiary for Crypto-Based Borrowing
SRx Health Solutions (NYSE: SRXH) has announced plans to establish a new subsidiary focused on cryptocurrency-based borrowing. The subsidiary will accept deposits in Solana, Bitcoin, and other cryptocurrencies in exchange for a share of profits from the company's Halo brand assets in North America.
Chairman Adesh Vora explained that this strategy aims to provide financial flexibility for operating business units while limiting shareholder dilution. The company intends to use the cryptocurrency capital for Halo's marketing and sales initiatives. The plan is currently in its conceptual phase, with the company seeking input from the crypto community on implementation.
SRx Health Solutions (NYSE: SRXH) ha annunciato l'intenzione di creare una nuova controllata dedicata al prestito basato su criptovalute. La controllata accetterà depositi in Solana, Bitcoin e altre criptovalute in cambio di una quota dei profitti derivanti dagli asset del marchio Halo in Nord America.
Il presidente Adesh Vora ha spiegato che questa strategia mira a offrire flessibilità finanziaria alle unità operative, limitando al contempo la diluizione degli azionisti. L'azienda intende impiegare il capitale in criptovalute per le iniziative di marketing e vendita di Halo. Il progetto è attualmente in fase concettuale e l'azienda sta raccogliendo suggerimenti dalla comunità crypto per la sua attuazione.
SRx Health Solutions (NYSE: SRXH) ha anunciado planes para establecer una nueva subsidiaria enfocada en préstamos basados en criptomonedas. La subsidiaria aceptará depósitos en Solana, Bitcoin y otras criptomonedas a cambio de una participación en las ganancias de los activos de la marca Halo en Norteamérica.
El presidente Adesh Vora explicó que esta estrategia busca brindar flexibilidad financiera a las unidades operativas mientras limita la dilución de los accionistas. La compañía pretende utilizar el capital en criptomonedas para las iniciativas de marketing y ventas de Halo. El plan se encuentra actualmente en fase conceptual, y la empresa está solicitando opiniones de la comunidad cripto para su implementación.
SRx Health Solutions (NYSE: SRXH)는 암호화폐 기반 대출에 중점을 둔 새로운 자회사를 설립할 계획을 발표했습니다. 이 자회사는 솔라나, 비트코인 및 기타 암호화폐로 예금을 받고, 북미 지역의 Halo 브랜드 자산에서 발생하는 수익의 일부를 제공할 예정입니다.
회장 Adesh Vora는 이 전략이 운영 사업 부서에 재정적 유연성을 제공하면서 주주 희석을 제한하는 것을 목표로 한다고 설명했습니다. 회사는 암호화폐 자본을 Halo의 마케팅 및 판매 활동에 사용할 계획입니다. 이 계획은 현재 개념 단계에 있으며, 회사는 실행 방안에 대해 암호화폐 커뮤니티의 의견을 구하고 있습니다.
SRx Health Solutions (NYSE : SRXH) a annoncé son projet de créer une nouvelle filiale dédiée aux emprunts basés sur les cryptomonnaies. Cette filiale acceptera des dépôts en Solana, Bitcoin et autres cryptomonnaies en échange d'une part des bénéfices issus des actifs de la marque Halo en Amérique du Nord.
Le président Adesh Vora a expliqué que cette stratégie vise à offrir une flexibilité financière aux unités opérationnelles tout en limitant la dilution des actionnaires. L'entreprise prévoit d'utiliser le capital en cryptomonnaies pour les initiatives marketing et commerciales de Halo. Le projet est actuellement en phase conceptuelle, et la société sollicite les avis de la communauté crypto pour sa mise en œuvre.
SRx Health Solutions (NYSE: SRXH) hat Pläne angekündigt, eine neue Tochtergesellschaft zu gründen, die sich auf kryptowährungsbasierte Kredite spezialisiert. Die Tochtergesellschaft wird Einlagen in Solana, Bitcoin und anderen Kryptowährungen akzeptieren und im Gegenzug einen Anteil an den Gewinnen der Halo-Markenvermögenswerte in Nordamerika bieten.
Der Vorsitzende Adesh Vora erklärte, dass diese Strategie darauf abzielt, den operativen Geschäftseinheiten finanzielle Flexibilität zu bieten und gleichzeitig eine Verwässerung der Aktionäre zu begrenzen. Das Unternehmen plant, das Kryptowährungskapital für Marketing- und Vertriebsinitiativen von Halo zu verwenden. Der Plan befindet sich derzeit in der Konzeptionsphase, und das Unternehmen holt sich Input aus der Krypto-Community zur Umsetzung.
- Strategy aims to limit common shareholder dilution
- Could provide additional financial flexibility for business operations
- Potential to leverage Halo brand assets without traditional debt
- Plan is still conceptual with no concrete implementation details
- Exposure to volatile cryptocurrency markets could pose financial risks
- Profit-sharing arrangement with crypto depositors may impact future earnings
Proposed subsidiary will borrow Solana, Bitcoin and other cryptocurrencies to leverage its existing assets
TAMPA, Fla., May 09, 2025 (GLOBE NEWSWIRE) -- SRx Health Solutions, Inc. (NYSE American: SRXH) (the “Company”), a leading global health and wellness company, today announced its intention to create a subsidiary to borrow Solana, Bitcoin, and other cryptocurrencies to borrow against its Halo assets to provide more financial flexibility to operate its business units.
Adesh Vora, Chairman of SRx Health Solutions, commented, “Our intention to create a new crypto-based borrowing subsidiary would take in Solana and/or Bitcoin, for example, in exchange for a portion of Halo profits, the Company’s North American asset, limiting dilution to common shareholders while giving SRx the financial flexibility to operate its business units. Global Investors would be able to deposit their cryptocurrency within the newly created unit backed by the assets and profits of the HALO brand. As capital potentially comes in the form of Solana or Bitcoin we would be able to deploy into marketing and sales budgets of Halo. This is a conceptual plan, and we are very much looking forward to talking to the crypto community about how to achieve these goals.”
About SRx Health Solutions, Inc.
SRx Health Solutions Inc. is an integrated Canadian healthcare services provider that operates within the specialty healthcare industry. The SRx network extends across all ten Canadian provinces, making it one of the most accessible providers of comprehensive, integrated, and customized specialty healthcare services in the country. SRx combines years of industry knowledge, technology, and patient-centric focus to create strategies and solutions that consistently exceed client expectations and drive critical patient care initiatives aimed to improve the wellness of Canadians. For more information on SRx Health Solutions Inc., please visit www.srxhealth.com.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “will,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. The Company has based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Some or all of the results anticipated by these forward-looking statements may not be achieved. Further information on the Company’s risk factors is contained in our filings with the SEC. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
Company Contact:
SRx Health Solutions, Inc.
Adesh A. Vora, Chairman
Investor Contact:
KCSA Strategic Communications
Valter Pinto, Managing Director
T: 212-896-1254
Valter@KCSA.com
FAQ
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