Good morning, everyone, and welcome to this special meeting of the stockholders of Better Choice Company. Please note that today's meeting is being held in a virtual-only format. I would now like to turn the floor over to Michael Young, the chairman of the company. Ladies and gentlemen, one moment. It appears that Mr. Young's line has dropped. One moment, and we'll reconnect. Ladies and gentlemen, we do have Mr. Young to rejoin. Mr. Young, the floor is yours.
Thank you. Good morning and welcome to the special meeting of stockholders of Better Choice Company. We are glad you could join us today. I am Michael Young, the chairman of the company, and I will be chair and secretary of the special meeting. It's 9:01 A.M. on March 21st, 2025, and I call the special meeting to order. An affidavit has been delivered by a representative of Broadridge, certifying that on or about January 28th, 2025, notice of the special meeting was mailed to all stockholders of record as of the close of business, January 21st, 2025, the record date for the special meeting. An agenda that outlines the order of business for the meeting was set forth in our annual proxy statement and has been made available to all stockholders that matter the matters of which stockholders at this meeting are voting on.
The change of the legal name of Better Choice from Better Choice Company to SRx Health Solutions, and the NYSE ticker symbol from BTTR to SRXH. The issuance of up to 30 million shares of Better Choice common stock in connection with the proposed agreement, which SRx Health Solutions, a corporation organized under the laws of the province of Ontario, pursuant to which Better Choice will acquire SRx in accordance with the requirements of the NYSE American, and an increase in the number of securities subject to Better Choice Company's 2019 Incentive Awards Plan.
I would like to begin the meeting by introducing my fellow members of the company's board of directors, who are all present joining me today, or the following: Gill Fronzalia, director, chairperson of the company's audit committee and member of the company's compensation, nominating, and governance and strategic advisory committees; Lionel Conacher, director and member of the company's audit and compensation committee; John Word, director, co-chairperson of the company's strategic advisory committee; and Kent Cunningham, director and chief executive officer. Myself, Michael Young, I'm the chairperson of the board, chairperson of the compensation committee, co-chairperson of the strategic advisory committee, and a member of the company's audit, the nominating, and governance committee. We also have company officers with us joining me today: Kent Cunningham, our chief executive officer; Caroline Martinez, our chief financial officer and corporate secretary and treasurer.
Finally, I would like to introduce Tracy Oates, who has been appointed as Inspector of Elections for the meeting. In any adjournment or postponement of this meeting, she has signed an oath to act as an inspector, and this oath will be filed with the minutes of the meeting. Ms. Oates has prepared a report stating that from preliminary count, there are present the special meeting votes represent in person or by proxy 1,419,942 shares of our common stock, which represents more than the majority of the 1,980,099 shares of our common outstanding and entitled voting at this special meeting. The rules of conduct have been posted within the link on the webcast. Stockholders will have the opportunity to ask questions or make statements about any resolution pending on the floor.
If you wish to ask such questions or make such statements, you may use the text box at the lower right-hand section of the webcast. Please include your name and whether you are a stockholder or a proxy holder in this message. If you are a proxy holder, please state the name of the stockholder that gave you the proxy. Please keep your questions, statements brief and limited to the specific item up for discussion. When the votes have been tabulated and the preliminary report of the inspector of elections is complete, we will announce the results. Given the foregoing report from the secretary and inspector of elections, I declare the quorum is present, and we may proceed to transact business. Voting is now open.
If you have previously voted via the proxy card, via telephone, or through the internet, and you do not intend to change your vote, it is not necessary for you to take any further action. Your vote will be counted. If you are eligible to vote and have not previously voted, or if you want to change your vote, you may vote at this meeting by clicking the vote button, filling out your proxy ballot, and submitting. We'll now move to voting. Proposal one, name change. The first item of business to come before the special meeting is the change of the legal name of Better Choice Company to SRx Health Solutions, and of the NYSE ticker symbol from BTTR to SRXH. The board of directors recommends the approval of the name change proposal. Are there any questions from stockholders on this item of business?
Proposal two, arrangement. The second item of business to come before the special meeting is the issuance of up to 30 million shares of Better Choice common stock in connection with the proposed arrangement with SRx Health Solutions, a corporation organized under the laws of the province of Ontario, pursuant to which Better Choice will acquire SRx in accordance with the requirements of the NYSE American. The board of directors recommends the approval of the arrangement proposal. Are there any questions from stockholders on this item of business? Proposal three, plan amendment. The third item of business to come before the special meeting is an increase in the number of securities subject to Better Choice Company, 2019 Incentive Awards Plan. The board of directors recommends the approval of the plan amendment proposal. Are there any questions from stockholders on this item of business? Voting has now closed.
The voting on all of the motions is now closed. No additional ballots, proxies, or votes, and no changes or revocations will be accepted. The preliminary results of the voting will be announced momentarily. I understand the inspector of elections has completed the preliminary tabulation of the votes.
Yes, thank you. As Inspector of Elections, I have completed the preliminary tabulation on all of the matters that have come before this meeting. The results are as follows. One, the change of the legal name of Better Choice from Better Choice Company to SRx Health Solutions, and of the NYSE ticker symbol from BTTR to SRXH has been approved. Two, the issuance of up to 30 million shares of Better Choice common stock in connection with a proposed arrangement with SRx Health Solutions, a corporation organized under the laws of the province of Ontario, pursuant to which Better Choice will acquire SRx in accordance with the requirements of the NYSE American exchange has been approved. Three, the increase in the number of securities subject to the Better Choice Company 2019 Incentive Awards Plan has been approved. Mr. Young?
This completes the formal business to come before the special meeting. I now declare the special meeting adjourned. Thank you for your attendance and interest in Better Choice Company.
Ladies and gentlemen, with that, we'll conclude today's presentation. We do thank you for joining. You may now disconnect your lines.