Healthy Extracts Inc. (OTCPK:HYEX) entered into an acquisition agreement to acquire Hyperion, L.L.C. and Online Publishing & Marketing, LLC for $4.3 million on January 13, 2023. The closing of the acquisition will take place following the satisfaction of certain closing conditions, including a capital raise of at least $4,000,000 and the commencement of trading, or approval for the commencement of trading, of our common stock on the Nasdaq Capital Market. The total purchase price for the acquisitions will be $1,750,000 in cash, $1,300,000 in the form of secured promissory notes, and $1,250,000 worth of our common stock (based on a 30% premium to the price paid per share of common stock in the above-referenced capital raise, but in no event more than ninety percent (90%) of the volume weighted average price for our common stock for the ninety (90) trading days up to and including the trading day immediately before the day the price is finally determined for securities sold in the capital raise).The transaction is expected to close on March 31, 2023.

Parsons Behle & Latimer and Clyde Snow & Sessions, P.C. acted as legal advisor to Healthy Extracts Inc.