---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-24-000864"
form_type: "8-K"
ticker: null
cik: "0001441082"
company_name: "Healing Co Inc."
filed_at: "2024-02-23T23:59:59+00:00"
generated_at: "2026-06-05T16:54:26.653685+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Healing Company receives notice of default and acceleration on $4.37M credit facility

## Summary
- Westmount Group as administrative agent accelerated ~$4.37M total obligations under August 2022 Credit Agreement.
- Default triggered by missed interest payments of $91,454.13 each for November and December 2023.
- Acceleration demands immediate payment of $4.16M principal, $185K accrued interest, and $22K default interest.
- Credit commitments terminated; no further loans or accommodations will be provided.

## SEC filing metadata
- accession: 0001477932-24-000864
- form_type: 8-K
- cik: 0001441082
- company_name: Healing Co Inc.
- filed_at: 2024-02-23T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.04, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1441082/000147793224000864/0001477932-24-000864-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1441082/000147793224000864/hlco_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-24-000864
- JSON: https://secwatch.observer/filing/0001477932-24-000864.json
- Plain text: https://secwatch.observer/filing/0001477932-24-000864.txt

## Key facts
- Debt Financings
  Healing Co Inc. faced acceleration on credit facility of $4,160,887.68 with Westmount Group LLC, as administrative agent.
  - Instrument: credit facility
  - Principal: $4,160,887.68
  - Counterparty: Westmount Group LLC, as administrative agent
  - Event: acceleration
  source text: on or after the date of Notice. As of the date of the Notice, the aggregate outstanding obligations under the Credit Agreement were approximately $4,368,014.99 (comprised of (i) $4,160,887.68 in respect of outstanding principal, (ii) $185,282.65 of accrued and unpaid interest, (iii) $21,844.66 of unpaid default interest, and (iv) other, presently unliquidated, amounts
  evidence_url: https://www.sec.gov/Archives/edgar/data/1441082/000147793224000864/0001477932-24-000864-index.htm

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