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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): November
11, 2025
HEALTHY
CHOICE WELLNESS CORP.
(Exact
name of registrant as specified in its charter)
| Delaware |
|
001-42274 |
|
88-4128927 |
| (State
or Other Jurisdiction |
|
(Commission
|
|
(I.R.S.
Employer |
| of
Incorporation) |
|
File
Number) |
|
Identification
No.) |
3800
N. 28th Way, #1
Hollywood,
Florida 33020
(Address
of Principal Executive Office) (Zip Code)
305-600-5004
(Registrant’s
telephone number, including area code)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
| ☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
|
| ☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
| Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
| Class
A common stock |
|
HCWC |
|
NYSE
American |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
ITEM
1.01. Entry into a Material Definitive Agreement
On
November 11, 2025, Healthy Choice Wellness Corp. (the “Company” or “HCWC”) entered into a Securities Purchase
Agreement (the “SPA”), pursuant to which the Company agreed to sell 2,000 shares (the ‘Shares”) of its Series
A Convertible Preferred Stock (the “HCWC Preferred Stock”) to investors (the “Purchasers”) for an aggregate subscription
price of $2,000,000 (the “Offering”), subject to certain conditions. The HCWC Preferred Stock is currently convertible into
1,449,275 shares of the Company’s Class A Common Stock at a conversion price of $1.38 per share, with such conversion price subject
to adjustment as described below and as set forth in the Certificate of Designation (as defined below).
The
proceeds the Company receives in the Offering will be used for general working capital purposes and potential acquisitions. The Company
has agreed to register the shares of HCWC Class A Common Stock issuable upon conversion of the Shares.
The
transactions contemplated by the SPA were consummated on November 13, 2025.
The
foregoing description of the Securities Purchase Agreement is a summary and is qualified in its entirety by reference to the provisions
thereof, a copy of which is attached to this Current Report as Exhibit 10.1, which is incorporated by reference herein.
ITEM
3.02. Unregistered Sales of Equity Securities.
The
disclosure in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item. The issuances of the Shares and
the shares of HCWC Class A Common Stock issuable upon conversion thereof were exempt from registration pursuant to the provisions Section
4(a)(2) of the Securities Act of 1933, as amended, and Rule 506(b) of Regulation D, as promulgated by the Commission. The shares of HCWC
Preferred Stock and the shares of HCWC Class A Common Stock into which they may be converted constitute
restricted securities that may not be offered or sold absent their registration for resale or the availability of an exemption therefrom.
ITEM
3.03. MATERIAL MODIFICATION TO RIGHTS OF SECURITY HOLDERS.
See
Item 5.03 herein for a discussion of the terms of the HCWC Preferred Stock.
ITEM
5.03. AMENDMENTS TO ARTICLES OF INCORPORATION OR BYLAWS; CHANGEIN FISCAL YEAR.
On
November 13, 2025, the Company filed a Second Amended and Restated Certificate of Designations of Preferences, Rights and Limitations
of the Series A Convertible Preferred Stock (“Certificate of Designation”) with the Secretary of State of the State of Delaware.
The number of shares of HCWC Preferred Stock designated an additional 2,000 shares of HCWC Preferred Stock has a stated value equal to
$1,000 (the “Stated Value”).
Voting
Rights
The
HCWC Preferred Stock shall have voting rights on as converted basis. However, as long as any shares of HCWC Preferred Stock are outstanding,
the Company shall not, without the affirmative vote of the holders of a majority of the then outstanding shares of the HCWC Preferred
Stock, (a) alter or change adversely the powers, preferences or rights given to the HCWC Preferred Stock or alter or amend the Certificate
of Designation, (b) increase the number of authorized shares of HCWC Preferred Stock, or (c) enter into any agreement with respect to
any of the foregoing.
Liquidation.
Upon
any liquidation, dissolution or winding-up of the Company, whether voluntary or involuntary that is not a Fundamental Transaction (as
defined in the Certificate of Designation), the holders of HCWC Preferred Stock shall be entitled to receive out of the assets, whether
capital or surplus, of the Company an amount equal to $1,000 per share of HCWC Preferred Stock.
Conversion
Price
The
conversion price for the HCWC Preferred Stock shall equal $1.38.
The
foregoing description of the HCWC Preferred Stock is not complete and is qualified in its entirety by reference to the full text of the
Company’s Second Amended and Restated Certificate of Designations of Preferences, Rights and Limitations of Series A Convertible
Preferred Stock, which is filed herewith as Exhibit 3.1 to this Current Report on Form 8-K and is incorporated by reference herein.
Item
9.01. Exhibits.
(d)
Exhibits.
| Exhibit
Number |
|
Description |
| 3.1 |
|
Healthy
Choice Wellness Corp. Second Amended and Restated Certificate of Designation of Preferences, Rights And Limitations of Series A Convertible
Preferred Stock |
| |
|
|
| 10.1 |
|
Securities
Purchase Agreement, dated as of November 11, 2025, by and between Healthy Choice Wellness Corp. and the investors named therein |
| |
|
|
| 104 |
|
Cover
Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
| |
HEALTHY
CHOICE WELLNESS CORP. |
| |
|
|
| Date:
|
November
14, 2025 |
By:
|
/s/
Jeffrey E. Holman |
| |
|
Jeffrey
E. Holman |
| |
|
Chief
Executive Officer |