Healthier choices management corp hcmc registration#
Healthier choices management corp hcmc pro#

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 on its intellectual property portfolio. () is a holding company focused on providing consumers with healthier daily choices with respect to nutrition and other lifestyle alternatives. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities and shall not constitute an offer, solicitation or sale of any security in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to consummation of the spin-off transaction. The spin-off is expected to be completed in the first half of 2023. No record date for the potential spin-off has been established as of the date of this press release and the completion of the potential spin-off remains subject to various conditions. HCWC intends to apply for listing on the NYSE American exchange.

Upon consummation of the spinoff, if completed, HCMC stockholders, as of the record date for the separation, will receive all of the initially issued shares of commons stock of HCWC.

Healthier choices management corp hcmc pro#

The spin-off is intended to be structured as a tax-free, pro rata distribution to all HCMC stockholders as of a record date to be determined by the board of directors of HCMC. Holman concluded, 'The Company is extremely pleased to be continuing to execute on our 4-Point Plan which we released in August 2022.' Holman continued, 'Separating the natural health food and wellness assets in the form of our brick-and-mortar stores and wellness centers, as well as our online entity at, will create immediate value to our shareholders.' As previously disclosed, we intend to distribute 100% of the initially issued common stock in HCWC to our stockholders in the form of a dividend, subject to certain minimum criteria.'

This filing is another milestone for HCMC in its attempts to create shareholder value.

Healthier choices management corp hcmc registration#

Jeff Holman, CEO of HCMC, had this to say, 'We are pleased to have confidentially submitted the draft registration statement for the spin-off, which we believe will unlock the unrealized value of what we are now calling HCWC. ('HCWC'), by way of dividend to HCMC stockholders. Securities and Exchange Commission ('SEC') for the spin-off of its natural food grocery and wellness operations to a wholly owned subsidiary, Healthier Choices Wellness Corp. (OTC Pink: HCMC) today announced the confidential submission of a Form S-1 draft registration statement with the U.S. 14, 2023 (GLOBE NEWSWIRE) - Healthier Choices Management Corp.