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The latest update is out from Nutritional Growth Solutions Ltd. ( (AU:NGS) ).
Nutritional Growth Solutions Limited has secured commitments to raise A$2 million through a share placement at A$0.02 per share, pending shareholder approval. The funds will be used for sales and marketing, inventory build, general expenses, and growth opportunities, positioning the company for expansion in the children’s nutritional supplements market.
More about Nutritional Growth Solutions Ltd.
Nutritional Growth Solutions is a U.S.-based company specializing in health, nutrition, and wellness. It develops, produces, and sells clinically tested nutritional formulas for children, targeting a significant market opportunity for children aged three to twelve years. The company differentiates itself with its clinically tested products and expanding portfolio.
Average Trading Volume: 393,246
Technical Sentiment Signal: Sell
Current Market Cap: A$4.28M
See more insights into NGS stock on TipRanks’ Stock Analysis page.