YOUNGEVITY INTERNATIONAL, INC. (OTCMKTS:YGYI) Files An 8-K Other EventsItem 8.01 Other Events.
On April 2, 2018, Youngevity International, Inc., a Delaware corporation (the “Registrant”) issued a press release announcing the completion of its previously announced public offering of its Series B Convertible Preferred Stock in which it raised aggregate proceeds of $3,621,143 and the resulting automatic conversion of notes that the Company issued in its 2017 private placement in the principal amount of $7,254,349 into 1,577,032 shares of the Company’s common stock.
The press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
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Exhibits. |
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Exhibit 99.1 Press Release issued by Youngevity International, Inc., dated April 2, 2018 |
Youngevity International, Inc. ExhibitEX-99.1 2 ex99-1.htm PRESS RELEASE Blueprint Exhibit 99.1 Youngevity International,…To view the full exhibit click here
About YOUNGEVITY INTERNATIONAL, INC. (OTCMKTS:YGYI)
Youngevity International, Inc. is an e-commerce company. The Company operates through two segments: the direct selling segment where products are offered through a global distribution network of customers and distributors, and the commercial coffee segment where products are sold directly to businesses. The Company offers over 2,500 products to support a healthy lifestyle. All of these products, which are sold through its direct selling network, are categorized into over 11 sub-product lines. In the direct selling segment, the Company sells health and wellness, beauty product and skin care, scrap booking and story booking items, and packaged food products on a global basis, and offers a range of products through an international direct selling network. The Company is engaged in the commercial sale of coffee through its subsidiary CLR Roasters, LLC (CLR) and its subsidiary. Its brands include Cafe La Rica, Javalution Daily Grind, Javalution Royal Roast, SOZO Global and Integris.