- Healthy Choice Wellness (HCWC), a wholly owned subsidiary of Healthier Choices Management Corp (OTCPK:HCMC) - announced the public filing of its Form S-1 with the U.S. Securities and Exchange Commission for the initial public offering of its Class A Common stock and in connection with the spin-off of its wellness segment subsidiaries.
The IPO is for 400,000 shares of Class A common stock to be issued by HCWC.
HCMC anticipates that it will distribute approximately 1,880,000 shares of HCWC Class A common stock and 7,520,000 shares of HCWC Class B common stock in the spin-off.
HCWC is in the application process to list its common stock on the NYSE American Exchange under the symbol “HCWC.” Upon completion of the IPO and the spin off, HCMC will not own any capital stock of HCWC.
Source: Press Release
Healthy Choice Wellness files registration statement for proposed IPO
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| Symbol | Last Price | % Chg |
|---|---|---|
| HCMC | - | - |
| Healthier Choices Management Corp. | ||