Mother Earth’s Storehouse, a two-store organic and health food and vitamin chain in New York’s Hudson Valley, has been in existence for over 40 years. Paradise Health & Nutrition’s three stores that likewise offer fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, health & beauty products and natural household items, ( Through its wholly owned subsidiaries, the Company operates:Īda’s Natural Market, a natural and organic grocery store offering fresh produce, bulk foods, vitamins, and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, health & beauty products and natural household items ( Through its wholly owned subsidiary HCMC Intellectual Property Holdings, LLC, the Company manages and intends to expand its intellectual property portfolio. ( is a holding company focused on providing consumers with healthier daily choices with respect to nutrition and other lifestyle alternatives. This dividend is being issued to you in addition to your HCMC common stock. No, you will not lose any of your HCMC common stock. ![]() Will I lose any of my HCMC common stock in exchange for my HCWC common stock? Your dividend shares should appear in your account within a few days of the start of trading. Once registered, the dividend shares will not have any restrictions on sale so long as the registration statement remains effective. ![]() The dividend shares will be registered for resale on a registration statement filed with the SEC by HCWC. Will my dividend shares be subject to any restrictions on their sale? As previously indicated, we plan to apply for listing of the HCWC common stock on the NYSE American stock exchange, but there can be no assurances that HCWC will be approved for listing. Securities and Exchange Commission (SEC), we anticipate HCWC common stock to begin trading publicly late in the second quarter or early in the third quarter of 2023. Pending HCWC’s registration statement on Form S-1 relating to the Spin-Off having been declared effective by the U.S. The HCWC shares will automatically be transferred into the same account(s) where the shareholder holds their HCMC common stock on the record date. The HCWC common stock will be distributed to qualifying HCMC shareholders without forfeiting or exchanging any of their existing HCMC common stock. HCMC shareholders of record on the record date do not need to take any action to receive shares of HCWC common stock or to participate in the Spin-Off. The final ratio numbers will be determined on the record date based on the HCMC shares outstanding on such date.ĭo I need to do anything to get my dividend shares? At present, we anticipate the ratio being approximately 71,000 to 1, meaning, for every 71,000 shares of HCMC common stock owned, a shareholder will receive one (1) share of HCWC common stock. The calculation for the dividend will be based upon the number of qualifying shares of HCMC divided by the amount of initially issued shares of HCWC. Fractional shares will not be issued, and fractional shares will not be rounded up. The amount of HCWC shares issued to each shareholder of HCMC will be based directly on the percentage of ownership of HCMC stock on the record date, subject to certain minimum ownership amounts. How many dividend shares of HCWC common stock will I be receiving? Therefore, you should own your stock no later than April 26, 2023, and hold the stock through May 1, 2023. To ensure you are deemed an owner of HCMC common stock on that date, you should own or purchase the HCMC common stock at least three business days BEFORE May 1, 2023. The record date to own shares to participate in the dividend is May 1, 2023. When do I need to own HCMC common stock in order to receive dividend shares in HCWC? In particular, the FAQs relate to the upcoming record date and steps necessary to be eligible for HCMC’s dividend of common stock of HCWC. (HCWC), HCMC’s natural foods grocery and wellness business. (OTC Pink: HCMC) released the following frequently asked questions (FAQs) and related answers in connection with its expected Spin-Off of Healthy Choice Wellness Corp. ![]() HOLLYWOOD, FL, Ap(GLOBE NEWSWIRE) - Today Healthier Choices Management Corp.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |