Mannatech acquires direct ownership of Mannatech Swiss Holdings
MTEX•Mannatech entered a share purchase agreement to acquire 100% direct ownership of Mannatech Swiss Holdings following the September 30, 2026, quarter. Direct ownership qualifies the Swiss business for a 5% withholding tax rate on distributions and supports management’s assessment that Mannatech has regained compliance with Nasdaq’s $2.5 million minimum stockholders’ equity requirement.
1. Ownership agreement
Mannatech entered a share purchase agreement to acquire 100% direct ownership of Mannatech Swiss Holdings following the September 30, 2026, quarter. The Swiss business was previously held through Mannatech (Gibraltar) Holdings; under direct ownership, it qualifies for a reduced 5% withholding tax rate on distributions. The transaction supports management’s assessment that Mannatech has regained compliance with Nasdaq’s $2.5 million minimum stockholders’ equity requirement.
