secwatch.observer — SEC 8-K summary
======================================

Issuer:     Healthier Choices Management Corp. (HCMC)
CIK:        0000844856
Form:       8-K/A
Filed at:   2023-05-19T23:59:59+00:00
Accession:  0001493152-23-018376
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HCMC extends conversion payment period to Dec 2023, removes redemption discount on Series E Preferred
--------------------------------------------------------------------------------

- Extended conversion payment (10% of stated value) eligibility to December 1, 2023.
- Amended Certificate of Designation to set redemption price at 100% of stated value, removing previous 1% monthly discount.
- Purchasers required to buy Series A Convertible Preferred of HCMC spin-off if completed before Dec 1, 2023.
- As of May 17, 2023, 1,585 of 14,722 Series E shares converted; 4,416.65 redeemed for $4.39M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/844856/000149315223018376/0001493152-23-018376-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/844856/000149315223018376/form8-ka.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-018376

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer