Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
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
Exact text from the filing
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”).
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Healthier Choices Management Corp. amended First Amendment to Securities Purchase Agreement with five institutional investors (effective 2023-03-02).
- Action
- amendment
- Agreement
- equity purchase
- Counterparty
- five institutional investors
- Effective
- 2023-03-02
Exact text from the filing
On March 2, 2023, the parties to the SPA entered into First Amendment to Securities Purchase Agreement, pursuant to which the Company agreed to pay each Purchaser ten percent (10%) of the Stated Value (the “Conversion Payment”) of the Preferred Stock upon conversion of such Preferred Stock into common stock prior to the record date for the Spin Off.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Healthier Choices Management Corp. amended Second Amendment to the Securities Purchase Agreement with five institutional investors (effective 2023-12-01).
- Action
- amendment
- Agreement
- equity purchase
- Counterparty
- five institutional investors
- Effective
- 2023-12-01
Exact text from the filing
On May 15 th , the parties to the SPA entered into Second Amendment to the Securities Purchase Agreement, pursuant to which the Company and such parties agreed to: (1) extend the time period for the Conversion Payment eligibility to December 1, 2023, (2) amend the Certificate of Designation as set forth in
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