eDiets.com, Inc. (DIET) Announces Additional Investment for Growth Opportunities
eDiets.com, Inc., a provider of personalized nutrition, fitness and weight-loss programs, recently announced that the company has entered into a $600,000 private placement with certain management members and the board of directors. The investment will immediately convert into common stock at $1.06 per share. As a leading provider of convenient at-home diet, fitness and healthy lifestyle solutions, eDiets.com will use the proceeds to fund future growth opportunities, including the expansion of advertising related to fresh meal delivery relaunch. eDiets.com provides a broad range of customized wellness and weight management solutions for Fortune 500 clients. The company’s unique infrastructure offers businesses…