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Neptune Announces Closing Of Debt Financing

PRIVATEJan 13, 2023

Round Type

Debt Financing

LavalOtherManufacturingHealthcareHealth CareE CommerceFashionRetail

Investors

Symbolic LogicCCUR HoldingsNeptune Wellness Solutions Inc.

Description

Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT), a consumer-packaged goods company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced that it has closed on a senior secured notes financing (such notes, the "Notes") for gross proceeds of $4,000,000 USD with CCUR Holdings, Inc. and Symbolic Logic, Inc. (collectively, the "Noteholders")

Quick answer

Neptune Wellness Solutions raised an undisclosed amount in a Debt Financing round, dated January 13, 2023. Investors: Symbolic Logic, CCUR Holdings and Neptune Wellness Solutions Inc. Neptune Wellness Solutions is based in Laval, Quebec, Canada.

How much did Neptune Wellness Solutions raise?
Neptune Wellness Solutions raised an undisclosed amount in a Debt Financing round on January 13, 2023.
Who invested in Neptune Wellness Solutions?
Symbolic Logic, CCUR Holdings and Neptune Wellness Solutions Inc. are named as investors in this round.
What does Neptune Wellness Solutions do?
Neptune is a consumer packaged goods company that aims to innovate health and wellness products.
Where is Neptune Wellness Solutions based and how big is it?
Neptune Wellness Solutions is based in Laval, Quebec, Canada.
Who are the decision-makers at Neptune Wellness Solutions?
Fundz holds 1 contact at Neptune Wellness Solutions. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Healthcare and E Commerce around the same time

Companies in the same sectors as Neptune Wellness Solutions that raised within 45 days of this round, from Fundz verified event records.

  • Citizenry raised $2.3M (Seed) on January 31, 2023.
  • Wakefit raised $40M (Funding Round) on January 13, 2023.
  • Axil Brands, Inc. raised $448K (Seed) on February 23, 2023.
  • Jendaya raised an undisclosed amount (Funding Round) on February 10, 2023.
  • NATURAL HEALTH TRENDS raised $43K (Seed) on February 6, 2023.
  • Boxed raised $20M (Funding Round) on January 20, 2023.

Who to call at Neptune Wellness Solutions, and when

A new round usually means Neptune Wellness Solutions is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Neptune Wellness Solutions

Location

545 Promenade du Centropolis

Laval, Quebec, Canada

About

Neptune is a consumer packaged goods company that aims to innovate health and wellness products. Founded in 1998 and headquartered in Laval, Quebec, the company focuses on developing a portfolio of high-quality, affordable consumer products that align with the latest market trends for natural, sustainable, plant-based and purpose-driven lifestyle brands. The company's products are available in more than 25,000 retail locations and includes well-known organic food and beverage brands such as Sprout Organics, Nosh, and Nurturme, as well as nutraceuticals brands like Biodroga and Forest Remedies. With its efficient and adaptable manufacturing and supply chain infrastructure, the company can quickly respond to consumer demand, and introduce new products through retail partners and e-commerce channels. Please visit our website for more details.

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Neptune Wellness Solutions raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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