Healthy Choice Wellness Corp. Converts $1.43M Debt to Stock

Healthy Choice Wellness Corp. (HCWC) entered into an Exchange Agreement to convert $1,431,000 of its outstanding indebtedness into 5,315,450 shares of Class A common stock. The exchange was executed at a price of $0.27 per share. Following this transaction, the company still has approximately $2,100,000 in principal remaining under its Credit Agreement. The agreement includes beneficial ownership limitations, restricting holders from acquiring shares that would exceed 9.9% of the company's outstanding common stock.