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Healthy Choice Wellness Corp. Sells Preferred Stock

Story Highlights
  • HCWC agreed to sell 3,250 shares of Series A Convertible Preferred Stock for $3,250,000.
  • Proceeds from the sale will be used for working capital and acquisitions, with shares held in escrow until a price target is met.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Healthy Choice Wellness Corp. Sells Preferred Stock

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Healthy Choice Wellness Corp. Class A ( (HCWC) ) just unveiled an update.

On May 12, 2025, Healthy Choice Wellness Corp. (HCWC) entered into a Securities Purchase Agreement to sell 3,250 shares of its Series A Convertible Preferred Stock for $3,250,000. The proceeds will be used for general working capital and potential acquisitions. The shares will be held in escrow until the company’s stock price reaches a specified target, after which the shares will be released to the purchasers. The company has also filed a Certificate of Designations for the preferred stock, detailing voting rights and liquidation preferences.

The most recent analyst rating on (HCWC) stock is a Buy with a $2.00 price target. To see the full list of analyst forecasts on Healthy Choice Wellness Corp. Class A stock, see the HCWC Stock Forecast page.

Spark’s Take on HCWC Stock

According to Spark, TipRanks’ AI Analyst, HCWC is a Neutral.

Healthy Choice Wellness Corp.’s stock score reflects significant challenges. The company’s revenue growth is overshadowed by negative profitability and high leverage, posing financial risks. Technical indicators show a bearish trend, and the absence of valuation metrics adds uncertainty, resulting in a low overall score.

To see Spark’s full report on HCWC stock, click here.

More about Healthy Choice Wellness Corp. Class A

Average Trading Volume: 217,246

Technical Sentiment Signal: Strong Sell

For detailed information about HCWC stock, go to TipRanks’ Stock Analysis page.

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