---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-003386"
form_type: "8-K"
ticker: "HCMC"
cik: "0000844856"
company_name: "Healthier Choices Management Corp."
filed_at: "2024-01-23T23:59:59+00:00"
generated_at: "2026-06-06T20:22:48.975941+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Healthy Choice Wellness subsidiary raises $1.7M via notes with 10% OID and Bridge Shares

## Summary
- HCWC issued $1.889M face value notes at 10% original issue discount for $1.7M proceeds.
- Notes accrue 10% interest; due upon IPO closing, Jan 18, 2025, or default.
- Purchasers required to buy $1.7M of HCWC Class A common stock in the IPO.
- Proceeds used for general working capital; securities sold under 4(a)(2) and Rule 506(b).
- Bridge Shares equal to Face Value divided by IPO price per share.

## SEC filing metadata
- accession: 0001493152-24-003386
- form_type: 8-K
- ticker: HCMC
- cik: 0000844856
- company_name: Healthier Choices Management Corp.
- filed_at: 2024-01-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/844856/000149315224003386/0001493152-24-003386-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/844856/000149315224003386/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-003386
- JSON: https://secwatch.observer/filing/0001493152-24-003386.json
- Plain text: https://secwatch.observer/filing/0001493152-24-003386.txt

## Key facts
- Debt Financings
  Healthier Choices Management Corp. incurred loan of $1.889 million with institutional investors at 10% per annum maturing the earlier of (1) at the closing of the IPO, (2) January 18, 2025 or (3) the time at which the balance is due and payable upon an event of default.
  - Instrument: loan
  - Principal: $1.889 million
  - Counterparty: institutional investors
  - Rate: 10% per annum
  - Maturity: the earlier of (1) at the closing of the IPO, (2) January 18, 2025 or (3) the time at which the balance is due and payable upon an event of default
  - Event: incurrence
  source text: (the “SPA”) with institutional investors (the “Purchasers”) pursuant to which HCWC agreed to issue (1) unsecured promissory notes with an aggregate principal amount of $1.889 million (the “Notes”) and (2) shares of HCWC Class A common stock (the “Bridge Shares,” and together with the Notes, the “Securities”) in an aggregate amount equal to $1.889 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/844856/000149315224003386/0001493152-24-003386-index.htm
- Material Agreements
  Healthier Choices Management Corp. entered into Securities Purchase Agreement with institutional investors valued at $1.889 million (effective 2024-01-18).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: institutional investors
  - Value: $1.889 million
  - Effective: 2024-01-18
  source text: On January 18, 2024, Healthy Choice Wellness Corp. (“HCWC”), a subsidiary of the Issuer, entered into a Securities Purchase Agreement (the “SPA”) with institutional investors (the “Purchasers”) pursuant to which HCWC agreed to issue (1) unsecured promissory notes with an aggregate principal amount of $1.889 million (the “Notes”) and (2) shares of HCWC Class A common stock (the “Bridge Shares,” and together with the Notes, the “Securities”) in an aggregate amount equal to $1.889 million divided by the price of such stock sold in HCWC’s initial public offering of its Class A common stock (the “IPO”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/844856/000149315224003386/0001493152-24-003386-index.htm

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