Healthy Choice Wellness issues 2,565,450 shares in $692,671 note-for-equity exchange at $0.27 each
HCWC•Note-for-equity exchange details
- Healthy Choice Wellness converted $692,671 of a promissory note into 2,565,450 Class A common shares on Aug. 7, 2026.
- The exchange price was set at $0.27 per share under a May 28, 2026 exchange agreement tied to the July 18, 2024 credit agreement.
- About $2.1 million of principal and interest remains outstanding under the credit agreement following the conversion.
- The shares were issued in an unregistered transaction under Securities Act Section 3(a)(9), and no commissions or solicitation fees were paid.
