NGX is a nutrition company that claims to have made the world’s first genetically personalised nutrition-shake, backed by nutritionists and scientists. The company is in the process of filing a patent for its product. It asserts that recommended food guidelines are based on population averages that are generic and not suitable for achieving optimum physical, mental fitness and health. NGX claims that its customer-specific products are trustworthy as they are made based on a DNA Nutrition Test (DNT) that is unique to a person. The company is operating in the $87 billion fitness market and aims to be a major contender. NGX has sold 30,000 NGX meals since its launch in 2020, collected data on over 5,000 genetic variations, and created proprietary gene-nutrition matching algorithms. It was a finalist in the 2019 British Business Awards (Health & Wellness) and has featured in publications like Glamour, Men's/Women's Health amongst others. The company will use the investment to support customer acquisition activities, team expansion, product supply, and brand partnerships deals.
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£1,998,997
pre-money valuation
6.98%
equity available
334
investors
£883
pledge per investor
10627818
company number
Active
company status
20/02/2017
incorporated 7 years
£13.50
share price
Previous Funding rounds
22 Apr 24 | Crowdcube | £294,934 / 197% | |
20 Apr 24 | Crowdcube | £207,860 / 208% | 49.33% |
Officers
Hugh Adam JONES
Appointed: 17-03-2019
News
MRS Oil seeks shareholders' approval to delist from NGX - TheCable
24/04/2024 TheCable
MRS Oil Seeks Shareholders' Approval To Delist From NGX - THEWILL NEWS MEDIA
23/04/2024 THEWILL NEWS MEDIA
Bumper Harvest On NGX As Companies Propose Dividend - Leadership News
24/04/2024 Leadership News
MRS Oil to end 54 years listing on NGX - The Nation Newspaper
24/04/2024 The Nation Newspaper
MRS Oil Nigeria seeks shareholders’ approval to delist from NGX - Nairametrics
23/04/2024 Nairametrics
MRS Oil plans delisting from NGX - Punch Newspapers
23/04/2024 Punch Newspapers
Naira depreciation: Equity market records N200bn loss in NGX - Daily Post Nigeria
24/04/2024 Daily Post Nigeria
NGX: Stock market recovery short-lived as investors lose N199bn - Ripples Nigeria
23/04/2024 Ripples Nigeria
NGX Group announces strategic investment in Ethiopian Securities Exchange - APANEWS
07/04/2024 APANEWS
NGX reverses gains as capitalisation dips by N35 billion - Guardian Nigeria
19/04/2024 Guardian Nigeria