Healthy Choice Wellness Corp. Announces Listing on NYSE American, Pricing of Initial Public Offering and Completion of Spin-Off from Healthier Choices Management Corp.
Healthy Choice Wellness Corp. Class A (HCWC)
Company Research
Source: GlobeNewswire
HOLLYWOOD, FL, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Healthy Choice Wellness Corp. (“HCWC” or the “Company”) (NYSEAM: HCWC), a holding company focused on providing consumers with healthier daily choices with respect to nutrition and other lifestyle alternatives, announced today the pricing of its initial public offering of 400,000 shares of the Company’s Class A common stock, par value $0.001 per share, at an offering price of $10.00 per share, for gross proceeds of approximately $4.0 million, before deducting underwriting discounts and offering expenses (the “Offering”). In addition, HCWC has granted the underwriters a 45-day option to purchase up to an additional 60,000 shares of Class A common stock to cover over-allotments at the initial public offering price, less the underwriting discount. The Company also announced today that it has completed its spin-off from Healthier Choices Management Corp. effective as of September 13, 2024. The shareholders of Healthier Choices Management
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