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RAPID NUTRITION PLC NEW - RPNRF STOCK NEWS

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Rapid Nutrition PLC (OTCQB: RPNRF) is expanding its science-based nutrition offerings in response to rising demand for organic health products. The company is enhancing its distribution capabilities across several regions, including Australia, Asia, and Europe, while introducing new product flavors. Innovations include a mocha flavor for high-protein meal replacements, a new P.M. Protein Powder aimed at nighttime consumption, and two keto-friendly protein bars. Additionally, Rapid Nutrition is committed to sustainable packaging as part of its corporate responsibility initiatives.

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Rapid Nutrition PLC (OTCQB: RPNRF) has expanded its distribution of organic health products in South Korea through a partnership with SM Trading, a division of Ilshin World Corporation. This development complements a recent agreement with Zone Eight in Saudi Arabia. CEO Simon St. Ledger expressed confidence in the global expansion strategy, noting South Korea's growing interest in organic health products, which generated nearly $8 billion in sales in 2018. The company aims to become a leading supplier in the health and wellness market.

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Rapid Nutrition PLC has announced the addition of Dr. David Hunter to its Advisory Board. Dr. Hunter, a leading expert in osteoarthritis and professor at the University of Sydney, brings extensive knowledge and experience, especially regarding obesity's effects on joint pain. The company aims to leverage his expertise to enhance its wellness product offerings globally. CEO Simon St. Ledger expressed enthusiasm about Dr. Hunter joining their team, emphasizing the value he adds to their scientific initiatives.

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Rapid Nutrition PLC (OTCQB:RPNRF) announced a significant balance sheet enhancement by completing a cashless transaction with Motivate Technologies, returning approximately 1.4 million shares to the company. In exchange, Rapid Nutrition relinquished its shares in MHT, previously written down due to pandemic-related valuation difficulties. This transaction restores 100% of Rapid Nutrition's initial investment without affecting its core business operations. CEO Simon St. Ledger expressed confidence in the company's financial direction and market position in health and wellness.

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Rapid Nutrition PLC reported significant investor support, with Swiss investors exercising conversion notices to increase share capital to 43,279,811. This move aims to bolster the company’s balance sheet and fund growth strategies in 2021. CEO Simon St. Ledger expressed confidence in the management team’s efforts to enhance shareholder value and global outreach. The company, known for its focus on organic health and wellness, continues to expand its distribution and presence in the sports nutrition and life sciences sectors.

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Rapid Nutrition PLC (OTCQB:RPNRF) has launched a new global ecommerce site, enhancing its direct-to-consumer sales strategy. This move aligns with a significant 44% increase in online spending during 2020. The site aims to boost brand awareness, revenue, and market expansion while providing international wholesale partners with necessary functionalities like multiple currencies and languages. CEO Simon St. Ledger emphasized the importance of this platform in catering to health-conscious consumers and tapping into growing global demand for wellness products.

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Rapid Nutrition has signed a liquidity contract with TSAF-Tradition Securities to enhance the trading and liquidity of its shares, effective June 22, 2021. The contract is valid for one year and can be renewed by mutual agreement. A liquidity account has been assigned €15,000 for this purpose. The contract can be suspended or terminated under specific conditions, including a one-month notice period. This agreement is in compliance with EU regulations on market practices.

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Rapid Nutrition PLC announced its initial share price on Euronext Growth Paris on June 21, 2021, prior to its first trading session on June 22, 2021. The company specializes in the research, development, and distribution of science-based health and wellness products, including weight-loss and dietary supplements. The announcement highlights Rapid Nutrition's commitment to high-quality ingredients and effective solutions, reflecting its goal to become a leading supplier globally.

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Rapid Nutrition PLC announced its entire issued share capital will be admitted to trading on the Euronext Growth segment starting June 22, 2021, under the ticker ALRPD. The company operates in the wellness sector, focusing on R&D and distribution of sports nutrition and dietary supplements. The trading on the OTCQB will continue under the ticker RPNRF. CEO Simon St Ledger expressed optimism about the listing, which aims to enhance the company’s profile and facilitate international investment. The company also plans to expand distribution and product innovation.

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Rapid Nutrition (OTCQB:RPNRF) has seen a remarkable 500% increase in brand followers, following a partnership with acclaimed Chef Jason Roberts. Chef Roberts' innovative recipe series promotes the SystemLS wellness brand, targeting health-conscious families. The company aims to address the global obesity crisis, with products ranging from high-protein shakes to organic superfoods. Rapid Nutrition is expanding outreach and manufacturing in North America to meet increased demand for its organic wellness products, facilitating healthier lifestyles amid ongoing health challenges.

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FAQ

What is the market cap of RAPID NUTRITION PLC NEW (RPNRF)?

The market cap of RAPID NUTRITION PLC NEW (RPNRF) is approximately 47.9K.

RAPID NUTRITION PLC NEW

OTC:RPNRF

RPNRF Rankings

RPNRF Stock Data

47.85k
72.01M
3.77%
Drug Manufacturers - Specialty & Generic
Healthcare
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United States of America
London