Nutritional Growth Solutions, a global nutrition company that creates clinically proven supplements to support growth development in young people has completed a successful share placement, raising $5 million to accelerate global growth.
The proceeds from the Placement will be used to accelerate brand equity building for Healthy Heights® in the lucrative Chinese and US markets; invest in inventory to support increasing sales and fund clinical testing on new products in development.
Nutritional Growth Solutions CEO and Managing Director, Liron Fendell said:
“We are pleased with the level of support shown by existing shareholders, as well as new institutional and new sophisticated investors in this Placement, and for their confidence in our three-pillar growth strategy to grow Healthy Heights® into a global household name.”
“We are placing increased focused on the US and Chinese markets where we see the most potential for Healthy Heights® and will immediately begin building brand equity in each region to increase awareness and drive demand for our range of patented products that have been clinically proven to increase growth in young people.”
“I am excited to lead Nutritional Growth Solutions through our next stage of growth. With a refreshed brand, new products to market and new regions to market them in, along with an A-team of industry veterans, I have never been more confident in our ability to deliver on our strategy to ensure every young person reaches their full potential.”
“I want to thank all who have made the Placement such a success, and I look forward to delivering on the attractive opportunities in front of us.”
