---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-022933"
form_type: "8-K"
ticker: null
cik: "0001642375"
company_name: "Guardion Health Sciences, Inc."
filed_at: "2024-06-06T23:59:59+00:00"
generated_at: "2026-06-01T05:55:21.471878+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Guardion completes Viactiv sale for $17.2M, stockholders approve dissolution

## Summary
- Sold Activ Nutritional (Viactiv brand) to Doctor's Best for $17.2M gross, net $16.25M cash; $225K held in escrow.
- Stockholders approved voluntary dissolution and liquidation at special meeting: 671,400 for, 41,778 against.
- Board of Directors determined dissolution is in best interests after completion of Viactiv sale; minimal operations remain.
- Pro forma shows post-sale cash ~$21.9M; ongoing revenue only from ocular products ($81K in Q1 2024).
- Company intends to liquidate and dissolve pursuant to Plan of Dissolution, subject to possible abandonment.

## SEC filing metadata
- accession: 0001493152-24-022933
- form_type: 8-K
- cik: 0001642375
- company_name: Guardion Health Sciences, Inc.
- filed_at: 2024-06-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.01, 5.07, 8.01, 9.01, 10.1
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1642375/000149315224022933/0001493152-24-022933-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1642375/000149315224022933/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-022933
- JSON: https://secwatch.observer/filing/0001493152-24-022933.json
- Plain text: https://secwatch.observer/filing/0001493152-24-022933.txt

## Key facts
- M&A Transactions
  Guardion Health Sciences, Inc. completed a disposition involving Doctor's Best Inc. for $17,200,000 (closed 2024-05-31).
  - Action: disposition
  - Counterparty: Doctor's Best Inc.
  - Consideration: $17,200,000
  - Closing: 2024-05-31
  source text: “Purchase Agreement”), pursuant to which Doctor’s Best acquired all of the outstanding equity interests of Activ from Viactiv for aggregate cash consideration to the Company of $17,200,000, of which $225,000 remains in a third-party escrow account pursuant to the terms of the Purchase Agreement. Doctor’s Best is a wholly-owned subsidiary of Kingdomway USA Corp., the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1642375/000149315224022933/0001493152-24-022933-index.htm

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