Mera Pharmaceuticals, Inc. completed the acquisition of All Your Foods USA, Inc for $0.04 million.
March 21, 2021
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Mera Pharmaceuticals, Inc. (OTCPK:MRPI) entered into an agreement to acquire All Your Foods USA, Inc on December 12, 2020. Under the transaction All Your Foods USA, Inc. became a wholly owned subsidiary of Mera Pharmaceuticals, Inc.
Mera Pharmaceuticals, Inc. (OTCPK:MRPI) completed the acquisition of All Your Foods USA, Inc for $0.04 million on December 12, 2020. Under the share exchange agreement, the company acquired 100% of the outstanding interests of All Your Foods USA in exchange for 35.2 million common shares of the company.
Mera Pharmaceuticals, Inc. is a marine biotechnology company. The Company focuses on photobioreactor technology and owns intellectual property dedicated to the culture of microalgae for biofuel or nutriceutical production. The Company manufactures natural astaxanthin from Haematococcus pluvialis microalgae. Through its research and development, the Company has formulated AstaFactor, an astaxanthin supplement with antioxidant and anti-inflammatory activity, which is available in three formulations, such as rejuvenating formula, sports formula and salmon essentials, such as natural astaxanthin combined with a blend of fish and salmon oil. The Company also produces sea salt products, such as gourmet salt and nigari. The gourmet salt includes Hawaiian Furikake, Hawaiian Furikake refillable grinder, Kona Sea Salt, Kona Sea Salt flake salt case, Kona Sea Salt grinder and Kona Sea Salt grinder case. The Company offers nigari in sizes ranging from one gallon to 250 gallons.
MERA PHARMACEUTICALS, INC. 
