The Healing Company Inc. (OTCPK:HLCO) entered into an agreement to acquire Your Super, Inc. from Clif White Road Investments, LLC, Powerplant Ventures, LLC and PepsiCo, Inc. (NasdaqGS:PEP) for $15.6 million on September 30, 2022. As per the terms of the transaction, HLCO shall issue 3,200,000 shares of HLCO common stock (the “Buyer Shares”) valued at $2.50 per share for an aggregate value of $8 million and (ii) the forgiveness of $7,614,444.40 of outstanding debt of the Seller owed to HLCO. Acquisition financed through a combination of cash and equity in The Healing Company.

The Healing Company Inc. (OTCPK:HLCO) completed the acquisition of Your Super, Inc. from Clif White Road Investments, LLC, Powerplant Ventures, LLC and PepsiCo, Inc. (NasdaqGS:PEP) on October 13, 2022. Wilson Sonsini Goodrich & Rosati, P.C. acted as legal advisor to shareholders of Your Super, Inc. in the transaction.