secwatch.observer — SEC 8-K summary
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Issuer:     Healthier Choices Management Corp. (HCMC)
CIK:        0000844856
Form:       8-K/A
Filed at:   2024-07-29T23:59:59+00:00
Accession:  0001493152-24-029398
Event type: other_material
Sentiment:  negative
Materiality: 0.55
Item codes: 1.01, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Healthier Choices extends spin-off financing deadline to Nov 1, 2024; reports $12M in preferred redemptions
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- Sixth Amendment extends Spin-Off Financing completion date from August 1, 2024 to November 1, 2024.
- Original SPA issued 14,722 shares of Series E Preferred Stock for $13.25M in August 2022 to five institutional investors.
- As of July 24, 2024, 1,585 shares converted and 12,026 shares redeemed for total redemption payments of $12,004,000.
- This is the sixth amendment to the SPA, with prior deadline extensions from Dec 2023 to Mar, Jun, Aug, and now Nov 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/844856/000149315224029398/0001493152-24-029398-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/844856/000149315224029398/form8-ka.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-029398

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