Youngevity International, Inc. (OTCQX: YGYI) ( www.YGYI.com ),
a global direct marketer of nutritional and lifestyle products and also
a vertically-integrated producer of gourmet coffees for the commercial,
retail and direct sales channels, announced today that it entered into a
Note Purchase Agreement (the “Purchase Agreement”) with accredited
investors, pursuant to which the Company issued $4.35 million aggregate
principal amount of Secured Convertible Notes (the “Notes”) and Warrants
to purchase up to 11,185,714 shares of its common stock (the “Warrants”).
The Notes, which mature in July 2019, are convertible into shares of the
Company’s common stock at $0.35 cents per share.
for Youngevity International, Inc. (YGYI) Completes $4.35 Million Convertible Notes for its Green Coffee Business and to Purchase K-Cup Coffee Machine investment picks