Healthy Extracts Inc. filings document the company’s public reporting obligations, material transactions, governance changes, and corporate structure as a Nevada operating company. Recent records include a Form 12b-25 notification related to the company’s annual report timing and Current Reports on Form 8-K covering material definitive agreements and executive appointments.
The filing record includes disclosure of the Gummy USA acquisition, the issuance of common stock as transaction consideration, related ownership and anti-dilution provisions, and board and officer changes tied to the company’s operating structure. These filings provide formal records of capital-structure changes, management roles, and material events affecting the nutraceutical and oral-delivery business.
Healthy Extracts Inc. completed the acquisition of Gummy USA LLC by merging it into a wholly owned subsidiary, HE Gummy USA, Inc. As consideration, the company issued 13,075,920 common shares to Gummy USA’s founder Donald Swanson, giving him 77.5% of the company’s outstanding common stock after the transaction and anti-dilution rights tied to 154,306 outstanding options and warrants.
The share issuance was an unregistered sale under Section 4(a)(2) of the Securities Act. Swanson was re-appointed as director, Chairman, and Chief Executive Officer, while Kevin “Duke” Pitts became President and Chief Operating Officer, and director William Bossung resigned. The company plans to file required Gummy USA financial statements and pro forma information in an amendment within 71 days.
Healthy Extracts Inc. reported a leadership change in its top executive roles. Effective September 16, 2025, Donald Swanson was appointed Chief Executive Officer, taking over the CEO position from Kevin “Duke” Pitts. At the same time, Kevin “Duke” Pitts was appointed President, replacing Donald Swanson in that role, and also became Chief Operating Officer. The company stated that there are no family relationships among its officers or directors.