{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-23-001355","form_type":"8-K","ticker":null,"cik":"0001441082","company_name":"Healing Co Inc.","filed_at":"2023-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.012326+00:00","generated_at":"2026-06-18T09:35:22.940759+00:00","sec_items":["1.01","2.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"The Healing Company acquires Chopra Global's wellness businesses for up to $5M cash plus 1.4M shares","bullets":["Purchase price up to $5M cash plus 1.4M shares of HLCO common; $1M cash and shares paid at close on March 3, 2023.","Deferred cash payment of $2.5M due March 31, 2023; earnouts up to $3M if net revenue reaches $5.9M (2023), $11M (2024), $15M (2025).","Concurrent perpetual license agreement with 5% royalty on net revenue for certain Chopra intellectual property.","Deepak Chopra remains Chief Scientific Advisor; Chopra's community: 20M social followers, 1M app downloads, 4.9-star app rating.","Second acquisition in four months; first was Your Super late 2022. HLCO building portfolio in integrative healing markets."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-23-001355","json":"https://secwatch.observer/filing/0001477932-23-001355.json","markdown":"https://secwatch.observer/filing/0001477932-23-001355.md","text":"https://secwatch.observer/filing/0001477932-23-001355.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1441082/000147793223001355/0001477932-23-001355-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1441082/000147793223001355/thcc_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T09:35:22.940759+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ad9c050a81e61a19b0f5012e63eb155768014563","claim":"Healing Co Inc. completed an acquisition involving Chopra Global, LLC for up to Five Million Dollars ($5,000,000) in cash plus newly issued shares of the Company's common stock (closed 2023-03-03).","evidence_excerpt":"through, Chopra HLCO. The consideration paid and payable by Buyer for the Purchased Assets is an aggregate purchase price (the “Purchase Price”) of up to Five Million Dollars ($5,000,000) in cash plus newly issued shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”). One Million Dollars ($1,000,000) of the cash portion of the","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1441082/000147793223001355/0001477932-23-001355-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Chopra Global, LLC"},{"label":"Consideration","value":"up to Five Million Dollars ($5,000,000) in cash plus newly issued shares of the Company's common stock"},{"label":"Closing","value":"2023-03-03"}],"fact_type":"ma_transaction"},{"claim_id":"619cc2212fd908c8d41b3be77471ed0c4ea1f70c","claim":"Healing Co Inc. entered into Asset Purchase Agreement with Chopra Global, LLC valued at up to Five Million Dollars ($5,000,000) in cash plus newly issued shares (effective 2023-03-03).","evidence_excerpt":"On March 3, 2023, The Healing Company Inc., a Nevada corporation (the “Company”), and Chopra HLCO LLC, a Delaware limited liability company and indirect wholly owned subsidiary of the Company (“Chopra HLCO” and with the Company, “Buyer”), simultaneously (i) entered into an Asset Purchase Agreement (the “Purchase Agreement”) with Chopra Global, LLC, a Delaware limited liability company (“Seller”), and solely with respect to certain specified indemnification provisions of the Purchase Agreement, Deepak Chopra, the majority member of Seller, to acquire (the “Acquisition”) certain assets of Seller","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1441082/000147793223001355/0001477932-23-001355-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Chopra Global, LLC"},{"label":"Value","value":"up to Five Million Dollars ($5,000,000) in cash plus newly issued shares"},{"label":"Effective","value":"2023-03-03"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}