secwatch.observer — SEC 8-K summary
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Issuer:     Healthier Choices Management Corp. (HCMC)
CIK:        0000844856
Form:       8-K/A
Filed at:   2022-04-21T23:59:59+00:00
Accession:  0000844856-22-000023
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HCMC completes $4.5M acquisition of Mother Earth's Storehouse, adds $14.3M revenue
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- Acquired Mother Earth's Storehouse for $4.5M cash plus $677,500 for inventory; closed Feb 8, 2022.
- Mother Earth's 2021 net sales $14.3M, net income $1.54M, operating income $860K.
- Pro forma combined 2021 net loss improved from $4.04M to $2.50M; total sales rose to $27.6M.
- Adds two organic grocery stores in Kingston and Saugerties, NY; lease assumed for Kingston location.
- HCMC intends to continue operating stores under the Mother Earth's name.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/844856/000084485622000023/0000844856-22-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/844856/000084485622000023/hcmc8ka.htm
  HTML page:      https://secwatch.observer/filing/0000844856-22-000023

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer