- CEO
- Brett H. Pojunis
- Sector
- Financial Services
- Industry
- Financial - Capital Markets
- Address
- 800 Bellevue Way NE Bellevue WA United States of America 98004
- IPO Date
- Nov 14, 2014
- Business
- NutraProducts Inc. (TRAA), formerly Traack Technologies Inc., operates as a contract manufacturer specializing in high-quality vegan gummy supplements free from the top nine allergens and gluten; it provides comprehensive services including product development, packaging, labeling, and third-party logistics (3PL). The company utilizes starch-less mold technology to ensure a contaminant-free environment and adheres to Good Manufacturing Practices (GMP) and BRC procedures, serving a diverse client base with premium-tier products tailored to specific requirements. Incorporated in Nevada in 2005 and headquartered at 8101 Royal Ridge Pkwy, Irving, Texas, NutraProducts conducts operations primarily in the United States through subsidiaries Dev Distribution Inc., Nutra Labs LLC, and Gummy Outlet LLC. In April 2024, the company amended its articles of incorporation to change its name from Traack Technologies Inc., which had focused on wireless transceiver modules for IoT cellular and satellite networks; on May 1, 2024, it completed a reverse acquisition of Dev Distribution Inc. via issuance of 16,030,000 common shares and a warrant for 10,570,000 additional shares, resulting in a change of control where Dev's former shareholders obtained approximately 95% voting interest and Dev became the accounting acquirer in a reverse recapitalization. The company leases approximately 27,500 square feet of manufacturing and office space in Irving, Texas, under a 63-month agreement commencing July 2022 at $20,612 monthly rent, with a five-year renewal option.