---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-401239"
form_type: "8-K"
ticker: "JAGX"
cik: "0001585608"
company_name: "Jaguar Health, Inc."
filed_at: "2026-09-24T21:36:19+00:00"
generated_at: "2026-10-12T13:16:38.569296+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Jaguar Health exchanges $6.73M Streeterville debt for 729,989 shares at ~$9.22; 2025 Note fully cancelled

## Summary
- 2021 Note exchange: issued 182,091 shares to Streeterville for a $1,678,320 reduction of the secured note originally issued Jan. 19, 2021 with a $6,220,812.50 principal.
- 2025 Note exchange: issued 547,898 shares for a $5,049,909.26 reduction, fully paying off and cancelling the $10,810,000 note issued Nov. 12, 2025.
- Implied exchange price of roughly $9.22/share on 729,989 total new shares, versus ~1,463,958 shares outstanding as of Sept. 24, 2026 — about 50% dilution.
- Shares delivered via DWAC free of restrictive legends, issued under the Section 3(a)(9) exemption; Streeterville capped at 9.99% beneficial ownership.
- Original 2021 Note remains in force for its remaining balance; Streeterville is the noteholder and counterparty, Lisa A. Conte signed as Jaguar CEO.

## SEC filing metadata
- accession: 0001193125-26-401239
- form_type: 8-K
- ticker: JAGX
- cik: 0001585608
- company_name: Jaguar Health, Inc.
- filed_at: 2026-09-24T21:36:19+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1585608/000119312526401239/0001193125-26-401239-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1585608/000119312526401239/d130901d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-401239
- JSON: https://secwatch.observer/filing/0001193125-26-401239.json
- Plain text: https://secwatch.observer/filing/0001193125-26-401239.txt

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