other material
confidence high
sentiment neutral
materiality 0.65
HCWC issues 1,313 Series A Preferred shares, waives participation rights, ups designation to 7,000
HEALTHY CHOICE WELLNESS CORP.
- Issued 1,313 Series A Convertible Preferred shares to four investors in exchange for waiving future equity participation rights.
- Shares convertible into 951,087 Class A common shares at $1.38 per share.
- Certificate of Designation amended to increase Series A Preferred designated shares from 5,250 to 7,000.
- Bonus shares will have registration rights on pari passu basis with shares in merger with Host Digital Infrastructure LLC.
- Investors include Anson East Master Fund LP, Anson Investments Master Fund LP, 2021 Mintz Family Trust, Hal and Allison Mintz.