Stemtech Goes Public
Stemtech Corporation Announces Merger Transaction With Globe Net Wireless Corp. Pioneering stem cell nutrition and nutraceutical enterprise becomes a publicly traded company.
Stemtech Corporation (“Stemtech”), a leading nutraceutical company and a pioneer in the field of stem cell nutrition, announced today that it has executed a definitive agreement with Globe Net Wireless Corp. (GNTWD) to merge into the public company.
Stemtech Corporation was founded on April 18, 2018, after acquiring the operations from its predecessor Stemtech International, which was founded in 2005. From 2010 through 2015, Stemtech International, Inc. was recognized four separate times by the Inc. 5000 FastestGrowing Companies list.
In 2018, the Company underwent an extensive executive reorganization, positioning the Company to begin expansion once again as a leading force in cellular nutrition. Known as the Stem Cell Nutrition Company®, the Company has a history of innovation, and was the first to market in the category of stem cell nutrition.
“Completing our public listing is a significant milestone in the history of Stemtech,”
said Chairman and CEO Charles Arnold.
“Becoming a publicly traded company gives us the platform to continue our leadership role in the growing nutraceutical sector, as well as providing better access to quality capital, enabling us to expand operations and significantly bolster our marketing efforts, both domestically and internationally.
Stemtech has a unique corporate culture that has been forged over 16 years of its history, with an extremely loyal base of customers and independent distributors that believe in our mission of fostering innovation, wellness and prosperity for all of our key stakeholders.”
Mr. Arnold continued,
“the Company’s vision is to ramp-up production and delivery of our innovative stem cell nutrition products to a global audience. With increasing interest in developments in the stem cell industry, we believe that Stemtech is strongly positioned to capitalize on the growth in this sector.
Additionally, as the company that invented the stem cell nutrition category, we plan to further fund research and development efforts and to bring new groundbreaking products to market.”
Stemtech specializes in creating products and formulas that are patent-protected in the U.S. and international markets. The Company’s patented formulas help the release, circulation and migration of the body’s adult stem cells from its bone marrow.
Its products are allnatural and plant-based and manufactured under cGMP (Current Good Manufacturing Practices) under the auspices of the Dietary Supplemental Health and Education Act (DSHEA).
The Company has also expanded into sub-licensing agreements in select international markets. Additional information regarding the transaction is set forth in the Globe Net Wireless Corp. (GNTWD) Form 8K dated August 20, 2021, which was filed with the Securities and Exchange Commission.
About Stemtech Corporation
Stemtech Corporation, a leading nutraceutical company with a direct sales distribution model, was founded on April 18, 2018, after acquiring the operations from its predecessor Stemtech International, which was founded in 2005.
From 2010 through 2015, Stemtech International, Inc., was recognized four separate times on the Inc. 5000 Fastest-Growing Companies list. In 2018, the Company underwent an extensive executive reorganization, and continued operations under new leadership. Stemtech specializes in creating products and formulas that are patent-protected in the U.S. and in select international markets.
The Company’s patented formulas help the release, circulation and migration of the body’s adult stem cells from its bone marrow. The Company markets its products under the following brands: RCM System, stemrelease3™, Stemflo® MigraStem™, DermaStem®, DermaStem Lift, OraStem® (Oral Health Care), and DFuze™.
Its products are all-natural and plant-based and manufactured under cGMP (Current Good Manufacturing Practices) under the auspices of the Dietary Supplemental Health and Education Act (DSHEA). For more information, please visit www.stemtech.com.
Get more information, facts and figures about Stemtech, click here for the Stemtech overview.
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