---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-25-001326"
form_type: "8-K"
ticker: "IGC"
cik: "0001326205"
company_name: "IGC Pharma, Inc."
filed_at: "2025-10-01T23:59:59+00:00"
generated_at: "2026-05-17T05:03:26.045394+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# IGC Pharma subsidiary sells assets and facility to Wellness Essentials for ~$2.7M

## Summary
- Holi Hemp sold equipment, inventory, and Vancouver ready-to-move facility to Wellness Essentials Northwest.
- Fair value of ~$2.7M, subject to auditor valuation review and board approvals as closing conditions.
- Buyer assumes employee, utility, and lease obligations; HHP pays health insurance through Nov 30, 2025.
- Seller gets preferential supply rights with 20% min margin plus 10-20% additional margins for 2028-2030.
- If Buyer sells operating business within 5 years, Seller receives 10% of net proceeds.

## SEC filing metadata
- accession: 0001185185-25-001326
- form_type: 8-K
- ticker: IGC
- cik: 0001326205
- company_name: IGC Pharma, Inc.
- filed_at: 2025-10-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1326205/000118518525001326/0001185185-25-001326-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1326205/000118518525001326/igc8k100125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-25-001326
- JSON: https://secwatch.observer/filing/0001185185-25-001326.json
- Plain text: https://secwatch.observer/filing/0001185185-25-001326.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.