Jaguar Health Declares Special Stock Dividend to Provide Dilution Protection as It Explores Debt Restructuring

Jaguar Health, Inc.

Jaguar Health declared a one-time special stock dividend of Series O Preferred Stock on February 18, 2026.
Record date is March 2, 2026; payment date March 4. Each common share receives 0.1 Series O share.
Dividend aims to protect shareholders from dilution as Jaguar explores debt restructuring pathways.
Series O Preferred Stock is non-transferable, has no trading market, and will automatically convert by Dec 31, 2026.
Full conversion at assumed $0.40 price would issue 20.99M shares, diluting non-participating stockholders by 60.65%.

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