NABUfit Global plans to sell 4 million shares through public offering

Company raises funds for general corporate purposes, working capital

By Devika Patel

Knoxville, Tenn., March 22 – NABUfit Global Inc. will sell 4 million common shares in its public offering, according to a Form S-1 filed Tuesday with the Securities and Exchange Commission. The company has registered up to $70,311,708 of stock.

Proceeds will be used for general corporate purposes, including working capital, research and product development, advertising, sales and marketing, general and administrative matters and capital expenditures.

The Orem, Utah, company designs, manufactures and markets the NABUfit virtual training and fitness products and services, an online fitness portal.

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