Nutrition Business Journal
Nutrition Capital Network

Nutrition Capital Network news: Skinny Nutritional issues shares

Nutrition Capital Network facilitates financing and asset sales for growing companies and introduces investors to the next generation of successful brands & technology in the nutrition and health & wellness industries. Below is news from June.

Trim Capital LLC and Skinny Nutritional Corp. (Conshohocken, Pa.), the maker of zero-calorie Skinny Water, have agreed to a financing transaction involving the issuance of $9 million of preferred and common stock and a $6 million senior secured credit facility.  At the initial closing, Skinny Nutritional sold a $1 million senior secured bridge note.

“Having access to this capital will allow us to accelerate our marketing and brand initiatives, add new product lines under the Skinny Nutritional Corp. umbrella of Skinny trademarks, and build inventory levels to satisfy the demand for our products,” said Michael Salaman, CEO of Skinny Nutritional.

Disclaimer: NCN does not warrant the accuracy, reliability, or timeliness of any NCN news item. Before relying on any NCN News item the information should be independently verified.

For more finance and investment information, visit Nutrition Capital Network news.

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