Healthier Choices Management Corp (OTC: HCMC) stock is expected to get special attention after the company announces surprising news related to the right issue to its shareholders.
The company said that it filed a registration statement on Form S-1 with the Securities and Exchange Commission (the “SEC”) for a Rights Offering to its stockholders. As per the prospectus, the company will offer 1 right share of the company’s common stock at a discounted price for every 4 shares of common stock that you own.
The purchase price will be a 25% discount to the volume-weighted average (VWAP) of the sales prices of our shares of common stock on the OTC Pink Sheets for the five consecutive trading days ending on the expiration date of the offering. HCMC stock has gained over 60% over the past couple of trading sessions. Now, it would be interesting to see how would investors react after today’s right issue announcement.
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Living in the era of dynamic tech change Alex decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring in Finance) writing for technology and as well as finance has been one of the precious aspects of his life