---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-25-001713"
form_type: "8-K"
ticker: "IGC"
cik: "0001326205"
company_name: "IGC Pharma, Inc."
filed_at: "2025-11-14T23:59:59+00:00"
generated_at: "2026-05-16T19:46:43.262370+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# IGC Pharma closes sale of Vancouver facility assets for ~$2.7M in non-cash consideration

## Summary
- Closed Nov 13, 2025; subsidiary Holi Hemp sold equipment, inventory, and leasehold assets to Wellness Essentials Northwest LLC.
- Total fair value of consideration ~$2.7M, comprising preferential manufacturing rights through Dec 2030 and 10% contingent payment if buyer sells within 5 years.
- Pro forma gain on disposal of $1.05M recognized; intangible asset of $2.7M recorded for supply contract.
- No cash received; deal secures manufacturing capacity at preferential pricing starting 2028.
- Pro forma balance sheet shows total assets of $8.99M and stockholders' equity of $7.13M as of June 30, 2025.

## SEC filing metadata
- accession: 0001185185-25-001713
- form_type: 8-K
- ticker: IGC
- cik: 0001326205
- company_name: IGC Pharma, Inc.
- filed_at: 2025-11-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1326205/000118518525001713/0001185185-25-001713-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1326205/000118518525001713/igc8k111425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-25-001713
- JSON: https://secwatch.observer/filing/0001185185-25-001713.json
- Plain text: https://secwatch.observer/filing/0001185185-25-001713.txt

## Source-grounded claims
- claim_id: 9a6f082ee5eaaabcfb5781ee60a9e1bcd4ef278d
  claim: IGC Pharma, Inc. completed a disposition involving Wellness Essentials Northwest LLC for fair value of approximately $2.7 million (closed 2025-11-13).
  evidence_excerpt: On November 13, 2025, the closing conditions were satisfied and the transactions under the Sale Agreement were consummated for a fair value of approximately $2.7 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1326205/000118518525001713/0001185185-25-001713-index.htm

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