- Nutritional Growth Solutions (NGS) launches two Healthy Heights KidzProtein products in an initial 403 Walmart stores across the US
- The agreement will begin immediately with the products expected to be on shelves of all 403 stores by September
- Additionally, Walmart is onboarding NGS’ entire Healthy Heights product portfolio to “fulfilled by Walmart” on Walmart.com to reach more consumers and improve exposure
- NGS has also placed its shares in a trading halt regarding an upcoming capital raising with its shares to remain paused until Monday, August 22
- Company shares last traded at 12 cents on August 10
Nutritional Growth Solutions (NGS) has launched two Healthy Heights KidzProtein products in an initial 403 Walmart stores across the US.
The agreement will begin immediately with the products expected to be on shelves of all 403 stores by September.
Additionally, Walmart is onboarding NGS’ entire Healthy Heights product portfolio to “fulfilled by Walmart” on Walmart.com.
This will increase NGS’ ability to reach more consumers as well as improve exposure and access to its brand.
“The evolution of our Walmart relationship to now include 403 bricks and mortar stores across the US sees the rollout of our retail expansion strategy tracking ahead of schedule, and plays a large part in reaching our vision of Healthy Heights becoming a global household name in child nutrition,” CEO and Managing Director Liron Fendell said.
“To be able to supply our evidenced based, nutritional products to families across the US from our local manufacturing facility in Utah is a tremendous achievement and we are proud to play a role in children having access to products they need for healthy growth development.”
NGS has also placed its shares in a trading halt regarding an upcoming capital raising.
The company will remain in the halt until Monday, August 22, or when the announcement is released the market, whichever occurs first.
NGS is yet to disclose how much it intends to raise or what it will use the funds for once received.
Company shares last traded at 12 cents on August 10.