HEALTHY CHOICE WELLNESS CORP.
1948864
Sep 18, 2024, 08:33 PM
0001493152-24-037001
Items (1)
Item 7.01. Regulation FD Disclosure On September 16, 2024, Healthy Choice Wellness Corp. (“ HCWC” or the “ Company”) (the “ Company”) announced the pricing of its initial public offering (the “ Offering”) of 400,000 shares of the Company’s Class A common stock at an offering price of $10.00 per share, for gross proceeds of $4.0 million, before deducting underwriting discounts and offering expenses (the “ Offering”). The Company also announced that it has completed its spin-off from Healthier Choices Management Corp. effective as of September 13, 2024. The shareholders of Healthier Choices Management Corp. received one share of HCWC Class A common stock and three shares of HCWC Class B common stock for every 208,632 shares of Healthier Choices Management Corp. owned at the close of business on September 9, 2024. No fractional shares were issued. The shares of Class A common stock began trading on the NYSEAM on September 16, 2024, under the symbol “ HCWC”. A copy of the press release is attached hereto as Exhibit 99.1. On September 17, 2024, HCWC announced the completion of the Offering. A copy of the press release is attached hereto as Exhibit 99.2. The information furnished pursuant to this Item 8.01 shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “ Exchange Act”), or otherwise subject to the liability of that Section, and shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended (the “ Securities Act”), or the Exchange Act.