CORRECTION FROM SOURCE: ArcStone Securities and Investments Corp. Serves as Exclusive Financial Advisor to Mangoceuticals Inc. (MGRX) on its Transformative Acquisition of IP Assets of Smokeless Technology Corp. Marking its Entry into the High Growth Oral - Seite 2
As part of the transaction, Tim Corkum, a 22-year veteran of Philip Morris International and former President of JUUL Labs Canada, will lead Mangoceuticals' new Pouch Division. Mr. Corkum brings unmatched CPG experience and will oversee commercialization, product development, and team expansion.
"The pouch format is the future of wellness delivery-and we now have the platform, science, and capital to lead this category."- Tim Corkum, President, Pouch Division, Mangoceuticals Inc.
The combined entity will also pursue sourcing disruptive ingredients and proprietary formulations, focusing on "better-for-you" energy and wellness solutions, positioning the brand as a next-generation alternative to traditional pills, powders, and vapes.
Mangoceuticals intends to leverage Smokeless Tech's existing formulations, co-manufacturing relationships, and intellectual property portfolio while applying Mangoceuticals' robust direct-to-consumer infrastructure and influencer strategy.
"This acquisition represents a transformational step in Mangoceuticals' strategy to lead in next-generation health and wellness delivery. We believe the future of wellness is on-the-go, clinically informed, and convenience-driven-and Mangoceuticals intends to be at the forefront of that evolution." - Jacob Cohen, CEO, Mangoceuticals Inc.
With a growing base of institutional and retail investors seeking exposure to functional wellness and oral delivery platforms, Mangoceuticals emerges as one of the few public companies offering investors direct participation in this explosive market segment.
ArcStone Securities and Investments Corp. served as the exclusive financial advisor to Mangoceuticals.
About ArcStone Securities and Investments Corp.
ArcStone is a cross-border financial services firm based in New York, Dallas, and Toronto serving public and private companies in the $20 million to $1 billion range. ArcStone has a global equity capital markets franchise and provides access to institutional investors, global family offices, and over $15 billion in retail wealth AUM through its strategic relationship with Kingswood US. ArcStone was founded in 2023 and has followed a series of strategic investments and acquisitions. The team is led by investment bankers from leading Wall Street and Bay Street firms. ArcStone is focused on providing high touch advice to corporations with a barbel strategy combining retail and institutional marketing with a high pedigree of financial acumen.
For additional information contact info@arcstoneglobalsecurities.com.
For more information or to schedule a discussion about this opportunity, please contact:
Micheal Astone, CEO
ArcStone Securities and investments Corp.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/249803