Healthy Choice Wellness Corp. Files S-1/A Amendment

TL;DR

HCWC filed S-1/A w/ $1.1M revenue for 6mo ending 6/30/24. Check financials.

AI Summary

Healthy Choice Wellness Corp. filed an S-1/A amendment on September 11, 2024, detailing its financial performance. For the six months ended June 30, 2024, the company reported revenue of $1.1 million. The filing also references financial data for Green Natural Foods Inc., a related entity, for periods including the quarter ended September 30, 2022.

Why It Matters

This S-1/A filing provides updated financial information and disclosures for Healthy Choice Wellness Corp., which is crucial for investors to assess the company's current financial health and future prospects.

Risk Assessment

Risk Level: medium — The filing is an amendment to an S-1, indicating ongoing efforts to go public or provide updated disclosures, which can carry inherent risks associated with early-stage or evolving companies.

Key Numbers

• $1.1M — Revenue (For the six months ended June 30, 2024)
• 20240911 — Filing Date (Date of S-1/A amendment)

Key Players & Entities

• HEALTHY CHOICE WELLNESS CORP. (company) — Filer
• 0001948864 (company) — Central Index Key
• Green Natural Foods Inc. (company) — Related Entity
• $1.1 million (dollar_amount) — Revenue for six months ended June 30, 2024

FAQ

Key Financial Figures

• $0.001 — hares of Class A common stock par value $0.001 per share, and Class B common stock, pa
• $4 million — conditioned on (1) the completion of a $4 million public offering of our Class A common s
• $0.00005 — losing bid price on August 19, 2024 was $0.00005 and the 52-week range of the quotation
• $0.0001 — the quotation has been from $0.00005 to $0.0001. The price range of $9 to $11 of the HC
• $9 — $0.00005 to $0.0001. The price range of $9 to $11 of the HCWC Class A common stock
• $11 — 05 to $0.0001. The price range of $9 to $11 of the HCWC Class A common stock in its
• $13.25 million — , and has commitments for an additional $13.25 million upon the sale of HCWC's Series A Conver

Filing Documents

• forms-1a.htm (S-1/A) — 2881KB
• ex5-1.htm (EX-5.1) — 17KB
• ex8-1.htm (EX-8.1) — 22KB
• ex23-1.htm (EX-23.1) — 5KB
• ex107.htm (EX-FILING FEES) — 13KB
• forms-1_001.jpg (GRAPHIC) — 18KB
• ex5-1_001.jpg (GRAPHIC) — 7KB
• 0001493152-24-035842.txt ( ) — 10264KB
• hcwc-20240630.xsd (EX-101.SCH) — 71KB
• hcwc-20240630_cal.xml (EX-101.CAL) — 94KB
• hcwc-20240630_def.xml (EX-101.DEF) — 390KB
• hcwc-20240630_lab.xml (EX-101.LAB) — 457KB
• hcwc-20240630_pre.xml (EX-101.PRE) — 416KB
• forms-1a_htm.xml (XML) — 1515KB

RISK FACTORS

RISK FACTORS 10 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS 23

BUSINESS

BUSINESS 23 DIVIDEND POLICY 33 SELECTED HISTORICAL CONSOLIDATED CARVE-OUT FINANCIAL DATA 34 SELECTED UNAUDITED PRO FORMA CONDENSED CONSOLIDATED CARVE-OUT FINANCIAL INFORMATION 36

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 40 MANAGEMENT 46 PRINCIPAL STOCKHOLDERS 54 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 54 SHARES ELIGIBLE FOR FUTURE SALE 54 DESCRIPTION OF MATERIAL INDEBTEDNESS 55 DESCRIPTION OF OUR CAPITAL STOCK 55 THE SPIN-OFF 58 LEGAL MATTERS 71 EXPERTS 71 WHERE YOU CAN FIND ADDITIONAL INFORMATION 71 INDEX TO FINANCIAL STATEMENTS F-1 iii TRADEMARKS This document contains references to trademarks and service marks belonging to other entities. Solely for convenience, trademarks and trade names referred to in this prospectus may appear without the or symbols, but such references are not intended to indicate, in any way, that the applicable licensor will not assert, to the fullest extent under applicable law, its rights to these trademarks and trade names. We do not intend our use or display of other companies' trade names, trademarks or service marks to imply a relationship with, or endorsement or sponsorship of us by, any other companies. ABOUT THIS PROSPECTUS This prospectus is part of a registration statement that we have filed with the Securities and Exchange Commission (the "SEC"). The exhibits to the registration statement contain the full text of certain contracts and other important documents we have summarized in this prospectus. Since these summaries may not contain all the information that you may find important in deciding whether to purchase our securities, you should review the full text of these documents. The registration statement and the exhibits can be obtained from the SEC as indicated under the sections entitled "Where You Can Find Additional Information." You should rely only on the information contained in this prospectus and any free writing prospectus we may authorize to be delivered to you. We have not authorized anyone to provide you with information different from, or in addition to, that contained in this prospect

View Full Filing

View this S-1/A filing on SEC EDGAR