Nutrition Capital Network


Nutrition Capital Network news: Bazi International reaches merger agreement with GT Beverage

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.

Bazi International Inc. (Irvine, Calif.), a publicly traded provider of energy shots with superfruits and added nutrients, has entered into a merger agreement with GT Beverage Company Inc. (San Juan Capistrano, Calif.). GT Beverage shareholders will retain approximately 95.5% of Bazi's total common shares outstanding.

In connection with the merger agreement, GT Beverage has issued a line of credit to Bazi for up to $600,000. GT Beverage makes vitamin-enhanced water drinks that were created as low-calorie, low-sugar alternatives to juice and soda for children.

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.

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