Youngevity
Youngevity Receives Additional Nasdaq Notification of Non-Compliance
Youngevity International announced it received an additional letter from The Nasdaq Stock Market indicating it is not in compliance with Nasdaq Listing Rule 5250(c) (1). The letter from the Listing Qualifications Department indicated that Youngevity is not in compliance because its Quarterly Report on Form 10-Q for the quarter ended March 31, 2020 and Annual Report on…
Read MoreYoungevity Completes Joint Venture for Processing Facility, 2,200 Acres of Hemp Grow
Youngevity International, Inc.announced that its wholly owned subsidiaries have entered into an agreement to acquire Chaguitillo Farms in Nicaragua. The subsidiaries, CLR Roasters LLC and Khrysos Industries, Inc., entered into an agreement with H&H Coffee Group Export Corp and The Nica Hemp Cooperative, Inc to acquire the 2,200-acre farm located in Sebaco-Matagalpa. Plans provide for…
Read MoreYoungevity Receives Letter from Nasdaq Related to Delayed Annual Report
Youngevity International, Inc. (NASDAQ: YGYI), announced that it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market. The letter indicated that, as a result of Youngevity’s delay in filing its Annual Report on Form 10-K for the fiscal year ended December 31, 2019, Youngevity is not in compliance with the timely filing requirement for…
Read MoreYoungevity Provides Update on Coronavirus Impact
Youngevity International, Inc. recently provided an update on the impact of the COVID-19 virus on its operations. All three reporting segments of the company have been able to continue operations as each segment falls in the category of an essential business. Although, relative to other businesses effected by COVID-19, the company is able and continues to generate…
Read MoreYoungevity Considers Divestiture of Direct Selling Business
Youngevity® International, Inc. announced the company is exploring the divestiture of its direct selling business unit back to the original founders of the direct selling division. The company, a leading multi-channel lifestyle company operating in three distinct business segments including a commercial coffee enterprise and a commercial hemp enterprise, has entered into a non-binding term sheet regarding…
Read MoreYoungevity Reshapes Board of Directors
Youngevity International, Inc. announced changes to its Board of Directors. The company stated that effective February 11, 2020, in order to maintain compliance with the corporate governance requirements of The Nasdaq Capital Market, and specifically Listing Rule 5605(b) which provides that a listed company’s board of directors shall be comprised of a majority of independent directors, Michelle…
Read MoreYoungevity Selected As Fit Week Company 2020, YGYI to Ring Nasdaq Closing Bell
Youngevity® International, Inc. announced it will ring in the new year on January 7, 2020, at the Nasdaq Stock Market Closing Bell ceremony in Times Square. In celebration of Nasdaq’s ninth annual “Fit Week,” Youngevity’s executive leadership will gather alongside company distributors as well as members of the Youngevity team and Celebrity Brand Ambassadors Marilu Henner and Dr. James Rouse to ring the closing…
Read MoreYoungevity Q3 2019 Revenue Down 13%
Youngevity International, Inc. reported revenue of $34 million for the three months ended September 30, 2019, down 13 percent from Q3 2018. Direct selling revenue down nearly 12% for the quarter “Although we have recently made great strides in producing revenue growth this year, the third quarter posed a number of challenges as we faced seasonally slower sales for…
Read MoreYoungevity Completes Acquisition of BeneYOU
Youngevity International, Inc. announced that is has closed the acquisition of BeneYOU, LLC’s assets with an effective date of November 1, 2019. “We are proud to welcome the customers and distributors of Jamberry, Avisae and M.Global into our organization and we look forward to showcasing all of their exciting products to Youngevity distributors and customers…
Read MoreYoungevity, BeneYOU Sign Letter of Intent
Youngevity International, Inc., and BeneYOU LLC announced they have executed a non-binding Letter of Intent whereby Youngevity will purchase certain assets of BeneYOU. Both Youngevity, a leading multi-channel lifestyle company, and BeneYOU, a nutritional and beauty products company, have acknowledged their plans to execute a definitive Asset Purchase Agreement in the coming weeks with an…
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