---
schema_version: "secwatch.filing_event.v1"
accession: "0000844856-23-000007"
form_type: "8-K/A"
ticker: "HCMC"
cik: "0000844856"
company_name: "Healthier Choices Management Corp."
filed_at: "2023-03-06T23:59:59+00:00"
generated_at: "2026-06-18T12:27:28.927274+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# HCMC amends SPA to pay 10% of Stated Value on conversion of Series E Preferred Stock prior to Spin Off record date

## Summary
- On March 2, 2023, HCMC amended its August 2022 Securities Purchase Agreement with five institutional investors.
- Amendment requires HCMC to pay each Purchaser 10% of the Stated Value of Series E Preferred Stock upon conversion before Spin Off record date.
- As of March 6, 2023, 535 shares of Preferred Stock converted and 555.55 shares redeemed.
- Original SPA sold 14,722.075 shares of Series E Preferred Stock for $13,250,000 aggregate subscription price.

## SEC filing metadata
- accession: 0000844856-23-000007
- form_type: 8-K/A
- ticker: HCMC
- cik: 0000844856
- company_name: Healthier Choices Management Corp.
- filed_at: 2023-03-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/844856/000084485623000007/0000844856-23-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/844856/000084485623000007/form8ka-3_3_2023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000844856-23-000007
- JSON: https://secwatch.observer/filing/0000844856-23-000007.json
- Plain text: https://secwatch.observer/filing/0000844856-23-000007.txt

## Key facts
- Material Agreements
  Healthier Choices Management Corp. amended First Amendment to Securities Purchase Agreement with five institutional investors valued at $13,250,000 (effective 2023-03-02).
  - Action: amendment
  - Agreement: equity purchase
  - Counterparty: five institutional investors
  - Value: $13,250,000
  - Effective: 2023-03-02
  source text: On March 2, 2023, the parties to the SPA entered into First Amendment to Securities Purchase Agreement, pursuant to which the Company has agreed pay the each Purchaser ten percent (10%) of the Stated Value of the Preferred Stock upon conversion of such Preferred Stock into common stock prior to the record date for the Spin Off.
  evidence_url: https://www.sec.gov/Archives/edgar/data/844856/000084485623000007/0000844856-23-000007-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.