m_and_a
confidence high
sentiment positive
materiality 0.85
Healthy Extracts Inc. acquires Adli Gummies Inc. for notes and equity
HEALTHY EXTRACTS INC.
- Acquired 100% of Adli Gummies Inc. (Imaraïs Beauty) for $794,000 in secured promissory notes and 3,000,000 shares.
- Issued 2,159,520 Class B shares of HE Canada to Aaron Hefter, exchangeable for common stock.
- Appointed Aaron Hefter as Chief Brand Officer; he previously served as CEO of Adli Gummies Inc. and co-CEO of Nutrabolics Inc.
- CEO Donald Swanson cancelled 3,000,000 shares of common stock as part of the transaction.
- Total shares issued represent approximately 17.76% of total issued and outstanding common stock.
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