M&A
confidence high
sentiment neutral
materiality 0.90
Healthy Extracts rescinds Gummy USA deal, re-does as merger; Swanson gets 77.5% stake
HEALTHY EXTRACTS INC.
- On Sep 26 rescinded July 19 Gummy USA acquisition; Sep 30 entered merger with same economic terms.
- Issued 13,075,920 shares (77.5% of total) to Donald Swanson; anti-dilution rights for 154,306 options/warrants.
- Donald Swanson appointed CEO, Chairman, and director; Kevin Pitts becomes President and COO.
- William Bossung resigned as director effective Oct 1, 2025.
- Financial statements for Gummy USA to be filed in 71-day amendment.