Healthier Choices Management Corp. Secures $5M Loan Facility, Borrows $500K

What Happened

• Healthier Choices Management Corp. (HCMC) announced on March 27, 2026 that it entered into a Loan Agreement with Sabby Volatility Warrant Master Fund, Ltd. The facility allows HCMC to borrow up to $5.0 million for working capital; the company drew an initial $500,000 on the same date. The filing reports this arrangement under Item 1.01 (material definitive agreement) and Item 2.03 (creation of a direct financial obligation).

Key Details

• Lender: Sabby Volatility Warrant Master Fund, Ltd.
• Facility size: up to $5,000,000 for working capital use only.
• Initial draw: $500,000 borrowed March 27, 2026.
• Interest & term: 12% per annum interest; facility term through December 31, 2026; obligations are unsecured.
• The full Loan Agreement is filed as Exhibit 10.1 to the Form 8‑K.

Why It Matters

• This creates a new unsecured debt obligation and provides near‑term liquidity to support operations through the end of 2026. Borrowings will generate interest expense at a 12% annual rate, which investors should factor into near‑term cash needs and financial results. The short maturity (Dec 31, 2026) means the company will need to repay, refinance, or otherwise address outstanding amounts within the year.