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BANKRUPTCY AUCTION: IP Assets of BOA NUTRITION, INC.

[Category : - Food- HEALTH- Organic Chemistry]
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COMPANY OVERVIEW:
BOA Nutrition, Inc. (“Company”) was a sports nutrition, wellness & IP technology company based in Raleigh, North Carolina. The Company specialized in producing oral aerosol sports energy supplements tailored to athletes and fitness enthusiasts of all ages and levels. Launched in 2020 and created in collaboration with athletic training and sports nutrition experts at Duke University to create its fast-acting oral aerosol for nutraceutical applications, the Company aimed to provide super charged solutions that optimize performance and recovery during physical activity. The Company’s products are created using their OraBlast technology to deliver atomized nutrients which are rapidly absorbed.

The Company’s two primary products, BOA Endure Blast and BOA Ignite Blast, used this technology to provide a blend of caffeine, B vitamins, electrolytes, sodium, as well as fast-acting and slow-acting carbohydrates, designed to restore balance and support energy levels during exercise, all within a two-second spray. This ”precision nutrition” allows athletes to meet their individual needs by controlling how much or how little they receive in order to jump-start the metabolic engine to sustain optimal performance.


Financial information

SUMMARY OF SALE PROCESS:
BOA Nutrition filed Chapter 7 bankruptcy on December 19, 2023, and The Chapter 7 Trustee has entered into an Asset Purchase Agreement to sell the Company’s assets for $400,000 subject to higher and better offers at Auction. Interested parties must pre-qualify to participate in the Auction by submitting a Bid in accordance with the Court Approved Bidding Procedures by no later than 4:00 p.m. EDT on May 10, 2024. The minimum bid to qualify is $425,000.

Bid Deadline, Auction Date and Bidding Procedures have been approved pursuant to Court Order. Additional information is available subject to a Non-Disclosure Agreement (NDA). Please contact Great Neck Realty Co. for NDA and Bidding Procedures.

TEASER: Link

CONTACT GREAT NECK REALTY CO.:
• Robert Tramantano
• Mobile: 516.902.9568
• Email: Link









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