Welcome to our dedicated page for Healthier Choics news (Ticker: HCMC), a resource for investors and traders seeking the latest updates and insights on Healthier Choics stock.
Healthier Choices Management Corp. (HCMC) delivers innovative solutions and organic retail offerings through its dual business segments. This news hub provides investors and stakeholders with timely updates on corporate developments across both vapor technology and natural market operations.
Access official press releases, SEC filings, and market analyses in one centralized location. Track earnings announcements, product innovations in vaping technology, and expansion initiatives within the organic retail sector. Our curated collection ensures you stay informed about regulatory updates, partnership agreements, and strategic business decisions impacting HCMC's market position.
Discover updates spanning:
- Quarterly financial results and investor communications
- New product launches in vapor device technology
- Operational developments at Ada's Natural Market locations
- Industry recognition and compliance achievements
Bookmark this page for continuous access to verified information about HCMC's progress in creating healthier consumer alternatives. Check back regularly for unfiltered updates directly from corporate sources and regulatory filings.
Healthier Choices Management Corp. (HCMC) is facing a challenge as Philip Morris Products S.A. has filed a petition with the U.S. Patent and Trademark Office's Patent Trial and Appeal Board to invalidate HCMC's U.S. Patent No. 10,561,170. If accepted, HCMC will have three months to respond. This follows HCMC's patent infringement lawsuit against Philip Morris regarding their IQOS product.
HCMC's CEO, Jeff Holman, stated the company is prepared to vigorously defend their patent rights.
Healthier Choices Management Corp. (HCMC) announced the expiration of its rights offering, which concluded on June 10, 2021. The offering allowed stockholders to purchase shares at $0.0010 each, a 25% discount to the 5-day VWAP. Approximately 27 billion shares were subscribed, raising an estimated $27 million. The closing is anticipated on June 15, 2021. CEO Jeffrey Holman emphasized that the capital raised will enhance stockholder value by funding litigation, research, and growth initiatives. The offering's results are pending final verification by the subscription agent.
Healthier Choices Management Corp. (HCMC) announced the nearing expiration of its rights offering on June 10, 2021. Shareholders holding shares through brokers must be aware that the execution deadlines may vary by firm, with some as early as June 4, 2021. Notably, TD Waterhouse has the earliest cutoff at 11:59 pm EST on June 4, while Interactive Brokers has the latest at 10:00 am EST on June 10. The Company urges stockholders to contact their brokers for specific deadlines. The rights offering is pursuant to the effective registration statement filed with the SEC.
Healthier Choices Management Corp. (HCMC) has announced an extension of its Rights Offering expiration date from June 3, 2021, to June 10, 2021. This decision is in response to reports that some brokers set earlier internal cut-off dates, causing confusion among stockholders regarding their ability to participate. CEO Jeffrey Holman noted positive feedback about the Rights Offering, and the extension aims to provide all stockholders with ample time to exercise their subscription rights. The subscription period began on May 19, 2021, and all other terms of the Rights Offering remain unchanged.
Healthier Choices Management Corp. (HCMC) has announced details regarding its Rights Offering in response to stockholder inquiries. The offering is identified by the designation “422RGT019” and allows shareholders to purchase a quantity equal to 25% of their holdings as of the record date, May 18, 2021. Investors interested in acquiring more can seek assistance from their trading platform. The subscription period ends on June 3, 2021, unless extended by the Company. All transactions are subject to the prospectus registered with the SEC, and investors are urged to consult it for comprehensive information.
Healthier Choices Management Corp. (OTC Pink: HCMC) has launched its rights offering, commencing on May 19, 2021. Shareholders will receive one non-transferable subscription right for each four shares of common stock owned as of the Record Date (May 18, 2021). The Estimated Subscription Price is set at $0.001425, reflecting a 25% discount on the average price from the previous five trading days. To participate, rights holders must submit a completed subscription rights certificate with payment by June 3, 2021. Maxim Group LLC is the dealer-manager for this offering.
Healthier Choices Management Corp. (HCMC) reported its financial results for Q1 2021, revealing net sales of approximately $3.5 million, a 14% decrease year-over-year due to a spike in grocery sales last March during the pandemic. The company’s total operating expenses dropped 15% to about $2.0 million, while the net loss from operations was approximately $696,000, a slight 1% decrease from the prior year. Adjusted EBITDA loss improved by 9% to $394,000. CEO Jeffrey Holman expressed optimism about operational improvements and cost reductions.
Healthier Choices Management Corp. (HCMC) reported its financial results for Q1 2021, showing net sales of approximately $3.5 million, down 14% year-over-year due to a previous COVID-19 sales surge. Total operating expenses decreased by 15% to around $2.0 million. The net loss from operations was about $696,000, down just 1% from last year. However, Adjusted EBITDA losses improved by 9%, totaling $394,000. CEO Jeffrey Holman highlighted operational improvements and a commitment to enhancing business fundamentals.
Healthier Choices Management Corp. (HCMC) announced a rights offering for stockholders of record on May 18, 2021. Investors must own HCMC stock by 4:00 PM ET on May 14, 2021 to participate. Under the offering, each shareholder will receive one non-transferable subscription right for every four shares they hold, allowing them to purchase additional shares at 75% of the volume-weighted average price over the last five trading days before the expiration date. The subscription period runs from May 19, 2021 to June 3, 2021.
Healthier Choices Management Corp. (HCMC) has filed a registration statement for a Rights Offering aiming to raise up to $100 million. This initiative allows existing shareholders to purchase additional shares at a 25% discount to the volume-weighted average price (VWAP). With over 400,000 shareholders, the company emphasizes this offering as a non-dilutive way to finance growth and protect intellectual property. The Rights Offering will commence only after SEC approval of the registration statement, which typically takes 20 to 90 days.
