VANCOUVER: Nepra Foods Inc. (OTCQB: NPRFF), creator of nutritious plant-based and allergen-free food, has engaged Barry Kaplan Associates of Fair Haven, New Jersey to provide investor relations services to the company, a statement noted.
Kaplan is a leading financial public relations firm for both public and private companies in the US, Canada, and the UK, and has been serving clients for more than 40 years.
Kaplan will be responsible for generating news about Nepra and its products for the financial and investment community through targeted outreach to brokers and analysts, and by leveraging their relationships with financial press outlets. The firm will also review Nepra’s objectives, opportunities, and actions on a monthly basis to ensure the company is properly positioned in the financial marketplace, making them attractive to investors.
The agreement has an initial term of six months, which will then auto-renew on a month-to-month basis unless terminated by either party. Kaplan’s fee under the agreement is $7,500/month plus expenses and additional compensation consisting of options/RSUs as determined by Nepra.
Leading these efforts with Nepra’s executive team will be Andrew Kaplan, who has served as Vice President of Barry Kaplan Associates for the past 25 years. He has sourced more than $250 million worth of investment funds for public and private companies over the course of his career, and has sat on the board of several NASDAQ listed companies including Naked Brand Group Inc. (NASDAQ:NAKD), video game maker Majesco Entertainment. Majesco has since become a privately held company.
“Andrew is an industry veteran with a track record of generating awareness and investment interest for newly-public companies like ours,” says Nepra CEO David Wood. “We are excited about what this exposure will mean for Nepra and our continued expansion.”