Synergy CHC Corp. Files 8-K for Material Agreement
Ticker: SNYR · Form: 8-K · Filed: Aug 27, 2025 · CIK: 1562733
| Field | Detail |
|---|---|
| Company | Synergy Chc CORP. (SNYR) |
| Form Type | 8-K |
| Filed Date | Aug 27, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.00001, $2.50, $4.375 m, $2.75, $0.5 m |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, 8-k
TL;DR
Synergy CHC Corp. just signed a big deal, filing an 8-K to let everyone know.
AI Summary
Synergy CHC Corp. (formerly Synergy Strips Corp. and Oro Capital Corporation, Inc.) filed an 8-K on August 27, 2025, reporting a material definitive agreement entered into on August 25, 2025. The filing also includes financial statements and exhibits. The company is incorporated in Nevada and its principal executive offices are located at 865 Spring Street, Westbrook, Maine.
Why It Matters
This 8-K filing indicates a significant new development or contract for Synergy CHC Corp., which could impact its business operations and financial performance.
Risk Assessment
Risk Level: medium — The filing itself is procedural, but the 'material definitive agreement' could represent significant new risks or opportunities depending on its nature.
Key Numbers
- 001-42374 — SEC File Number (Identifies the company's filing history with the SEC.)
- 99-0379440 — IRS Employer Identification No. (Tax identification number for the company.)
Key Players & Entities
- Synergy CHC Corp. (company) — Registrant
- Synergy Strips Corp. (company) — Former company name
- Oro Capital Corporation, Inc. (company) — Former company name
- August 25, 2025 (date) — Date of earliest event reported
- August 27, 2025 (date) — Date of report
- 865 Spring Street, Westbrook, Maine (location) — Principal executive offices
FAQ
What is the nature of the material definitive agreement entered into by Synergy CHC Corp. on August 25, 2025?
The filing does not specify the details of the material definitive agreement, only that one was entered into on August 25, 2025.
When was the 8-K report filed by Synergy CHC Corp.?
The 8-K report was filed on August 27, 2025.
What were Synergy CHC Corp.'s previous names?
Synergy CHC Corp. was formerly known as Synergy Strips Corp. and Oro Capital Corporation, Inc.
Where are Synergy CHC Corp.'s principal executive offices located?
Synergy CHC Corp.'s principal executive offices are located at 865 Spring Street, Westbrook, Maine.
What is Synergy CHC Corp.'s state of incorporation?
Synergy CHC Corp. is incorporated in Nevada.
Filing Stats: 1,110 words · 4 min read · ~4 pages · Grade level 12.1 · Accepted 2025-08-27 16:54:50
Key Financial Figures
- $0.00001 — ch registered Common Stock, par value $0.00001 per share SNYR The Nasdaq Stock Mar
- $2.50 — on Stock"), at a price to the public of $2.50 per share (the "Offering"), pursuant to
- $4.375 m — 5. Gross proceeds of the offering were $4.375 million, before deducting underwriting di
- $2.75 — resentative Warrants are exercisable at $2.75 per share. The Representative Warrants
- $0.5 m — ering are estimated to be approximately $0.5 million, which includes the underwriting
Filing Documents
- ea0254800-8k_synergy.htm (8-K) — 32KB
- ea025480001ex1-1_synergy.htm (EX-1.1) — 305KB
- ea025480001ex4-1_synergy.htm (EX-4.1) — 100KB
- ea025480001ex99-1_synergy.htm (EX-99.1) — 8KB
- ea025480001ex99-2_synergy.htm (EX-99.2) — 8KB
- ex99-1_001.jpg (GRAPHIC) — 9KB
- ex99-2_001.jpg (GRAPHIC) — 9KB
- 0001213900-25-081175.txt ( ) — 754KB
- snyr-20250825.xsd (EX-101.SCH) — 3KB
- snyr-20250825_lab.xml (EX-101.LAB) — 33KB
- snyr-20250825_pre.xml (EX-101.PRE) — 22KB
- ea0254800-8k_synergy_htm.xml (XML) — 3KB
01 Entry Into a Material Definitive Agreement
Item 1.01 Entry Into a Material Definitive Agreement. On August 27, 2025 (the "Closing Date"), Synergy CHC Corp. (the "Company") sold an aggregate of 1,750,000 shares of the Company's common stock, par value $0.00001 per share (the "Common Stock"), at a price to the public of $2.50 per share (the "Offering"), pursuant to that certain Underwriting Agreement, dated August 25, 2025 (the "Underwriting Agreement"), between the Company and Bancroft Capital, LLC, as representative (the "Representative") of the several underwriters named in the Underwriting Agreement. In addition, pursuant to the Underwriting Agreement, the Company granted the Representative a 45-day option to purchase up to 262,500 additional shares of Common Stock to cover over-allotments in connection with the Offering at the public offering price, less underwriting discounts and commissions. The Common Stock was offered and sold to the public pursuant to the Company's registration statement on Form S-1 (File No. 333-289645), filed by the Company with the Securities and Exchange Commission (the "SEC") under the Securities Act of 1933, as amended (the "Securities Act"), on August 15, 2025, which became effective on August 25, 2025. Gross proceeds of the offering were $4.375 million, before deducting underwriting discounts and commissions of seven percent (7%) of the gross proceeds and estimated offering expenses. The Company intends to use the net proceeds from the Offering for working capital and other general corporate purposes. The Company issued press releases announcing the pricing of the Offering and the closing of the Offering, which have been filed as Exhibits 99.1 and 99.2, respectively, to this report. The Underwriting Agreement contains customary representations, warranties, and covenants by the Company. It also provides for customary indemnification by each of the Company and the underwriters for losses or damages arising out of or in connection with the offering, including for liabilitie
01 Financial
Item 9.01 Financial (d) Exhibits Exhibit No. Description 1.1 Underwriting Agreement, dated August 25, 2025 by and between Synergy CHC Corp. and Bancroft Capital, LLC, as representative of the underwriters named therein 4.1 Form of Representative Warrant, dated August 27, 2025 99.1 Press Release dated August 25, 2025 99.2 Press Release dated August 27, 2025 104 Cover Page Interactive Data File (embedded within the inline XBRL document) 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: August 27, 2025 SYNERGY CHC CORP. By: /s/ Jack Ross Name: Jack Ross Title: Chief Executive Officer 3