HCWC...418...🥳...HOLLYWOOD, FL, May 05, 2025 (GLOBE NEWSWIRE) -- Healthy Choice Wellness Corp. (NYSEAM: HCWC) today announced that it has further strengthened its balance sheet through the conversion of approximately $400,000 in outstanding debt into shares of the Company’s Class A common stock.
This debt-for-equity exchange follows similar transactions over the past 60 days, which, in total, have amounted to approximately $1.4 million in debt elimination. The transaction was executed at the current market price without any discounts or warrants, demonstrating continued lender confidence in the Company’s growth trajectory.
“This latest conversion reflects the strong ongoing support of our lending partners,” said Jeffrey Holman, Chief Executive Officer of Healthy Choice Wellness Corp. “Their willingness to convert at market price reaffirms their belief in our strategic vision, operational performance, and long-term growth potential.”
The transaction improves the Company’s equity base, reduces liabilities, and provides additional financial flexibility to pursue key strategic initiatives in the high-growth organic grocery sector.
Holman added, “We remain focused on enhancing shareholder value by executing our expansion roadmap and strengthening our overall financial position. These steps are part of our broader strategy to ensure the long-term strength and scalability of our business.”
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