Star8 Corp. Announces Acquisition of Rari Nutrition, a Health and Wellness Ecommerce Company

Rhea-AI Summary

Star8 Corp. (OTC PINK:STRH) has announced the completion of its acquisition of Rari Nutrition LLC as of October 15, 2021. Rari Nutrition, based in South Florida, specializes in 100% natural sports nutrition products and has built a successful ecommerce presence through platforms like Amazon and its website. This acquisition aims to enhance Star8's ecommerce capabilities, with CEO Mario Diez emphasizing the importance of this strategic move for the company's growth. Financial terms of the deal remain undisclosed.

Positive

• Acquisition of Rari Nutrition enhances Star8's ecommerce strategy.
• Rari Nutrition's established market presence can drive revenue growth for Star8.
• Rari offers 100% natural sports nutrition products, aligning with health trends.

Negative

• None.

MIAMI, FL / ACCESSWIRE / October 25, 2021 / Star8 Corp. (OTC PINK:STRH) is pleased to announce it has completed the acquisition of all of the membership interests in Rari Nutrition LLC, a health and wellness ecommerce company based in South Florida. Rari Nutrition, LLC is now a wholly owned subsidiary of Star8 Corp. Rari Nutrition is a supplier of premium, 100% natural sports nutrition products and nutraceuticals. They provide the highest quality, all-natural products on the market today.

Since its launch seven years ago, Rari Nutrition has developed a successful ecommerce business, introducing multiple products to the online market through both Amazon and its website RariNutrition.com. As Star8 Corp. continues to expand as a company, it will leverage Rari Nutrition's extensive experience in the ecommerce space for itself and its subsidiary businesses.

"We'd like to extend a warm welcome to the team at Rari," said Mario Diez, Chief Executive Officer of Star8 Corp. "Developing an ecommerce component to our company is important for the growth of Star8 Corp. as an organization. Rari Nutrition's experience in the online space will be invaluable as we expand and advance our business."

Star8 Corp.'s acquisition of Rari Nutrition was completed on October 15th, 2021. Terms of the deal have not disclosed.

About Star8 Corporation

Star8 Corporation (OTCPK: STRH) is a publicly traded company with expertise in technology and eCommerce driven solutions. Additionally, Star8 Corp. provides sustainable marketing, technology, sales and distribution consulting for clients. To learn more about star8 Corp. please visit Star8Corp.com.

About Rari Nutrition

RARI Nutrition is a supplier of 100% natural sports nutrition products and nutraceuticals.
Founded in early 2015, RARI Nutrition's primary focus is on the science of sports nutrition. RARI Nutrition operates at the highest quality threshold in the sports nutrition industry by producing products that are clinically dosed, GMP quality, made in the USA, and third-party tested for purity. For more information, please visit RariNutrition.com.

For inquiries please contact: info@star8corp.com | 1-866-316-0808

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Safe Harbor

Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties. The Company disclaims any obligation to update or revise any forward-looking statements.

SOURCE: Star8 Corp.

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FAQ

What does the acquisition of Rari Nutrition mean for Star8 Corp. (STRH)?

The acquisition enhances Star8's ecommerce presence and capabilities, potentially driving growth.

When was the Rari Nutrition acquisition completed?

The acquisition was completed on October 15, 2021.

What products does Rari Nutrition offer?

Rari Nutrition offers premium, 100% natural sports nutrition products and nutraceuticals.

How does Rari Nutrition's ecommerce experience benefit Star8 Corp.?

Rari's established ecommerce success can accelerate Star8's growth in online sales and market reach.