Healthier Choices Management Corp. (HCMC): M&A transaction — Healthier Choices Management completes spin-off of Healthy Choice Wellness Corp.

Healthier Choices Management Corp.

HCMC distributed HCWC shares to record holders as of Sept 9, 2024; ratio: 1 HCWC Class A + 3 Class B per 208,632 HCMC shares.
HCWC now independent, publicly traded on NYSE American under symbol 'HCWC', trading began Sept 16, 2024.
HCMC and HCWC entered into Separation, Tax, Employee Matters, and Transition Services agreements.
Spin-off completed via pro rata distribution; HCWC Form S-1 declared effective Sept 12, 2024.

item 1.01 item 2.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Healthier Choices Management Corp. completed a disposition involving Healthy Choice Wellness Corp. (closed 2024-09-13).

Action: disposition
Counterparty: Healthy Choice Wellness Corp.
Closing: 2024-09-13

Exact text from the filing

On September 13, 2024, Healthier Choices Management Corp. (“HCMC” or the “Company”) completed the previously announced spin-off (the “Spin-Off”) of its subsidiary Healthy Choice Wellness Corp. (“HCWC”).

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Healthier Choices Management Corp. filing history →

Source: SEC EDGAR

accession 0001493152-24-037183

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