This morning Healthier Choices Management Corp (OTCMKTS:HCMC) announced that the subscription period for its rights offering has begun and that has sent the stock gaining by 6%.
The company provided interested parties with all the relevant information regarding the rights offering. The company also pointed out that those participating from online platforms will be provided with all the necessary instructions. Once the rights are available, right holders can log in to their online trading platforms and make their payment after submitting the subscription document.
The rise in the stock price of Healthier Choices this morning may be an indication of the interest in the rights issue. As per the rules of the rights offering, the company is going to offer one non-transferable right subscription for each block of four shares that are owned by any shareholder. One subscription will then, in turn, entitle the holder to purchase one share of the Healthier Choices common stock.
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Anthony Gonzales brings 3 years of experience in helping grassroots, mid-sized organizations and large institutions strengthen their management and resource generating capacities and effectively plan for the future. He is also a mentor and professional advisor to artists working in all disciplines. He is the gold medalist from St. Marco University of Science and Technology in the Bachelors of Financial Management as well.