Synergy CHC Corp (SNYR) Files IPO Registration Statement
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Synergy CHC Corp (NASDAQ: SNYR) files IPO registration statement.
The company describes itself as: "We are a provider of consumer health care, beauty, and lifestyle products. Our current brand portfolio consists of two marquee brands, FOCUSfactor, a patented brain health supplement that has been clinically shown to improve memory, concentration and focus, and Flat Tummy, a lifestyle brand that provides a suite of nutritional products to help women achieve their weight management goals, and a developing brand, Hand MD, consisting of a full range of preventative, restorative, and anti-aging skin care products designed for the hands. During the year ended December 31, 2020, FOCUSfactor represented 62% of our net revenue, Flat Tummy was 17%, and Hand MD was 17%. During the six months ended June 30, 2021, FOCUSfactor represented 71% of our net revenue, Flat Tummy was 29%, and Hand MD was 0.2%. Our products are sold through some of the nation’s leading club, mass drug, and other retailers such as Costco, Amazon.com, Walmart, Walgreens, CVS, The Vitamin Shoppe, Target.com, H-E-B, and SuperValu."
B. Riley Securities will serve as sole underwriter.
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