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Blyth continues to be an equity holder.
September 5, 2014
By: TOM BRANNA
ViSalus, Inc., the weight-loss and fitness company known for the Project 10 Challenge, a personal health and lifestyle transformation platform, announced today that it has completed the previously-announced transaction with Blyth, Inc. (BTH) in which all shares of ViSalus redeemable convertible preferred stock have been exchanged for ViSalus common stock. ViSalus's Founders', employees' and early stockholders' ownership of ViSalus has increased to 90%. Blyth continues to be an equity holder, retaining 10% of ViSalus common stock.
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