---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-039384"
form_type: "8-K/A"
ticker: "HCMC"
cik: "0000844856"
company_name: "Healthier Choices Management Corp."
filed_at: "2023-11-03T23:59:59+00:00"
generated_at: "2026-06-08T22:55:59.364675+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# HCMC extends spin-off deadline to Mar 2024, amends convertible preferred terms

## Summary
- Third Amendment extends Spin-Off completion date from Dec 1, 2023 to Mar 1, 2024.
- Initial conversion price for Series A Preferred set at 5-day VWAP; reset at 10% discount after 40 days (floor 30% of initial).
- As of Oct 27, 2023: 1,585 preferred shares converted, 11,193 redeemed for total $11.17M.
- Series A Certificate of Designation for spin-off entity Healthy Choice Wellness Corp. amended and restated.

## SEC filing metadata
- accession: 0001493152-23-039384
- form_type: 8-K/A
- ticker: HCMC
- cik: 0000844856
- company_name: Healthier Choices Management Corp.
- filed_at: 2023-11-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/844856/000149315223039384/0001493152-23-039384-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/844856/000149315223039384/form8-ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-039384
- JSON: https://secwatch.observer/filing/0001493152-23-039384.json
- Plain text: https://secwatch.observer/filing/0001493152-23-039384.txt

## Key facts
- Material Agreements
  Healthier Choices Management Corp. entered into Securities Purchase Agreement with five institutional investors valued at $13,250,000 (effective 2022-08-18).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: five institutional investors
  - Value: $13,250,000
  - Effective: 2022-08-18
  source text: On August 18, 2022, Healthier Choices Management Corp. (the “Company” or “HCMC”) entered into a Securities Purchase Agreement (the “SPA”), pursuant to which the Company sold and issued 14,722.075 shares of its Series E Redeemable Convertible Preferred Stock (the “Preferred Stock”) to five institutional investors (the “Purchasers”) for an aggregate subscription price of $13,250,000 (the “Offering”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/844856/000149315223039384/0001493152-23-039384-index.htm

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