secwatch.observer — SEC 8-K summary
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Issuer:     Jaguar Health, Inc. (JAGX)
CIK:        0001585608
Form:       8-K
Filed at:   2026-02-18T23:59:59+00:00
Accession:  0001193125-26-056157
Event type: dividend
Sentiment:  neutral
Materiality: 0.85
Item codes: 3.03, 8.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1585608/000119312526056157/0001193125-26-056157-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1585608/000119312526056157/d70748d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-056157

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer