#Healthier choices management corp update#
#Healthier choices management corp registration#
#Healthier choices management corp free#

Paradise Health & Nutrition’s three stores that likewise offer fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, health & beauty products and natural household items, (.

Ada’s Natural Market, a natural and organic grocery store offering fresh produce, bulk foods, vitamins, and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, health & beauty products and natural household items (.

Through its wholly owned subsidiaries, the Company operates: Through its wholly owned subsidiary HCMC Intellectual Property Holdings, LLC, the Company manages and intends to expand its intellectual property portfolio. ( is a holding company focused on providing consumers with healthier daily choices with respect to nutrition and other lifestyle alternatives. If these conditions are not satisfied or waived in advance of the expected Spin-Off date, HCMC may elect to change the record date for the dividend to a later date or to not proceed with the dividend or the spin-off.

#Healthier choices management corp registration#

The dividend is conditioned upon, and the Spin-Off is subject to, the satisfaction of certain conditions, including (1) the registration statement on Form S-1 being declared effective and (2) HCWC common stock being approved for listing on the NYSE American stock exchange. Once again, my sincere thanks for your continued loyalty and support.įactors that May Affect the Dividend and Spin-Off

#Healthier choices management corp free#

Please feel free to visit our website and sign up for the latest Company news, SEC filings and product offerings at at the bottom of the home page. We are gratified to be making forward progress in our attempt to create additional shareholder value through the Spin-Off of HCWC and its subsidiaries. The final ratio numbers will be determined on the record date. At present, we anticipate the ratio being approximately 71,000 to 1, meaning, for every 71,000 shares of HCMC common stock owned, a shareholder will receive 1 share of HCWC common stock. The calculation for the dividend will be based upon the amount of qualifying shares of HCMC divided by the amount of initially issued shares of HCWC. Fractional shares will not be issued and fractional shares will not be rounded up. The amount of HCWC shares issued to each shareholder of HCMC will be based directly on the percentage of ownership of HCMC stock on the record date, subject to certain minimum ownership amounts. The HCWC shares will automatically be transferred into the same accounts where the shareholder has their HCMC common stock on the record date. The HCWC common stock will be distributed to qualifying HCMC shareholders without forfeiting or exchanging any of their existing HCMC common stock. To ensure you are deemed an owner of HCMC common stock on that date, you should own or purchase the HCMC common stock at least three business days before May 1, 2023.įor the sake of clarity, HCMC shareholders of record on the record date do not need to take any action to receive shares of HCWC common stock or to participate in the Spin-Off. The record date is being set as May 1, 2023.

As previously indicated, we will apply for listing of the HCWC common stock on the NYSE American stock exchange.Īs such, we are also today announcing the record date, which will be the date that you must have ownership of HCMC common stock in order to qualify to receive HCWC shares in the Spin-Off. Securities and Exchange Commission, we anticipate HCWC common stock to begin trading publicly late in the second quarter or early in the third quarter of 2023. Pending the Registration Statement on Form S-1 relating to the Spin-Off having been declared effective by the U.S.

#Healthier choices management corp update#

I am pleased to provide you with the following update on the Spin-Off (the “Spin-Off”) of our subsidiary, Healthy Choice Wellness Corp.

to be distributed to HCMC stockholders in conjunction with the spin-off of HCMC’s natural food grocery and wellness business.įirst and foremost, as always, thank you for being valued shareholders and for your continued support. The letter announces as the record date for the dividend of shares of common stock of Healthier Choices Wellness Corp. (OTC Pink: HCMC) today provided the following letter from the CEO to HCMC stockholders. HOLLYWOOD, FL, Ap(GLOBE NEWSWIRE) - Healthier Choices Management Corp.