Healthy Choice Wellness issues 2,565,450 shares in $692,671 note-for-equity exchange at $0.27 each
Reuters2026/08/13 21:24- Healthy Choice Wellness converted $692,671 of a promissory note into 2,565,450 Class A common shares on Aug. 7, 2026.
- Exchange price set at USD 0.27 per share under a May 28, 2026 exchange agreement tied to the July 18, 2024 credit agreement.
- Roughly USD 2.1 million of principal and interest remains outstanding under the credit agreement following the conversion.
- Shares issued in an unregistered transaction under Securities Act Section 3(a)(9); no commissions or solicitation fees were paid.
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