IPO - First Choice Healthcare Solutions, Inc.

Form Type: S-1/A

Filing Date: 2025-03-11

Corporate Action: Ipo

Type: Update

Accession Number: 000149315225009804

Filing Summary: First Choice Healthcare Solutions, Inc. has filed an amended registration statement (S-1/A) for an initial public offering (IPO) of up to 2,000,000 common units. Each unit will consist of one common share, one Series A warrant, and one Series B warrant with an assumed public offering price of $5.00 per unit, aiming for gross proceeds of up to $10 million. Additionally, they are offering pre-funded units to purchasers who would exceed a 4.99% ownership threshold after the offering, comprising a pre-funded warrant, a Series A warrant, and a Series B warrant. The exercise prices for the warrants are set to a potential 2x of the public offering price, expiring five years from issuance. Also noted are provisions for cashless options and adjustments to warrant terms based on future share issuances or reverse splits, reflecting a structured approach to securing substantial capital while accommodating large investors.

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Form Type: S-1/A

Filing Date: 2024-12-30

Corporate Action: Ipo

Type: Update

Accession Number: 000149315224052365

Filing Summary: This document is an amendment of the registration statement under the Securities Act of 1933 for First Choice Healthcare Solutions, Inc., specifically a filing related to the initial public offering (IPO) of its common stock. The company is offering up to 2,000,000 common units, which consist of one common share, one Series A Warrant, and one Series B Warrant, with an assumed public offering price of $5.00 per unit, aiming for gross proceeds of approximately $10 million. Additionally, the company is providing the opportunity for the purchase of up to 2,000,000 pre-funded units to certain purchasers whose ownership would exceed 4.99%, allowing them to buy pre-funded warrants instead of common shares. The document details the rights and restrictions associated with these warrants, including their immediate exercisability and potential adjustments in the case of a reverse share split or additional issuances of stock below the exercise price. Moreover, it highlights the potential impact of concurrent offerings from the IPO Prospectus and the Resale Prospectus on the stock prices and demand.

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