Youngevity is offering up to $10,000,000 of their Series B Convertible 5% Dividend Preferred Stock
The offering may only be subscribed using the ESCROW FUNCTION AT THIS TIME. PLEASE DO NOT SELECT THE BANQ ACCOUNT OPTION ON THE INVEST NOW PAGE OR YOU WILL NOT BE ABLE TO PARTICIPATE. THE FINAL DAY TO SUBSCRIBE IS MONDAY MARCH 26, 2018 AND FUNDS MUST BE RECEIVED BY MARCH 27, 2018.
Youngevity International, Inc. ( NASDAQ : YGYI ), is a leading omni-direct lifestyle company -- offering a hybrid of the direct selling business model, that also offers e-commerce and the power of social selling. Assembling a virtual Main Street of products and services under one corporate entity, Youngevity offers products from the six top selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry, as well as innovative services.
Youngevity seeks to raise up to $10,000,000 through the sale of Series B Convertible Preferred Stock. The Series B Convertible Preferred Stock will rank senior to our outstanding Series A Convertible Preferred Stock and Youngevity’s common stock, which trades on NASDAQ under the symbol YGYI. Youngevity is offering 1,052,632 Series B shares at $9.50 per share. Each share of Preferred Stock is convertible into 2 shares of YGYI common stock at $4.75 per share at anytime and automatically on its two year anniversary. In addition, we are offering each holder of Series B Convertible Preferred Stock a credit towards Youngevity merchandise equal to ten percent (10%) of the amount of their investment up to a maximum credit of $1,000.