Stemtech Corporation (OTCQB:STEK) and Seacret Direct, LLC (doing business as VIÁGO) are pleased to announce they have reached an agreement in principle to merge their businesses. This merger represents a transformative step forward for both organizations, aiming to drive significant growth and enhance shareholder value.
Charles S. Arnold, CEO and Chairman of Stemtech, stated,
“This union positions us for accelerated growth and brings substantial value to our shareholders. Together, we are building a stronger future for our combined companies and their subsidiaries.”
Upon finalization of the merger,
Charles S. Arnold will continue as Chairman of the holding company,
VIÁGO’s Izhak Ben Shabat will assume the role of Chief Executive Officer.
The executive leadership team will be further led by Eddie Head (from VIÁGO) as President and Chief Strategy Officer and
John W. Meyer (from Stemtech) as President and Chief Operating Officer.
Arnold further commented,
“The merger creates an exciting future for VIÁGO and Stemtech, uniting our strengths and offering greater opportunities for our members, customers, and affiliates. This is a partnership rooted in mutual growth and shared vision.”
VIÁGO CEO Izhak Ben Shabat added,
“This unites two well-established companies in a public forum, maximizing value for stakeholders-customers, affiliates, and shareholders alike. It also empowers the community to share in the company’s