8-K/A
filed November 26, 2025, 6:59 PM ET
ticker WGRX
CIK 0002030763
other material
confidence high
sentiment positive
materiality 0.65
Wellgistics licenses DataVault AI smart contract IP for PharmacyChain; $2.5M upfront plus royalties
Wellgistics Health, Inc.
- Upfront license fee of $2.5M due by Dec 31, 2025; ongoing 13% royalty on PharmacyChain net profit.
- Minimum annual royalty of $1M from 2028, waived if PharmacyChain net profit under $2M in 2028-2029.
- DataVault receives 90% of any sublicensing revenue Wellgistics generates from the licensed IP.
- Exclusive license for DataVault's smart contract patents in prescription drug distribution; Wellgistics to build PharmacyChain platform.
- Wellgistics expects to integrate with EinsteinRx AI, targeting disruption of PBM rebate system in $634B US drug market.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001493152-25-025072
- form_type
- 8-K/A
- ticker
- WGRX
- cik
- 0002030763
- company_name
- Wellgistics Health, Inc.
- filed_at
- 2025-11-26T23:59:59+00:00
- discovered_at
- 2026-05-14T18:02:41.392332+00:00
- generated_at
- 2026-05-16T16:40:51.630717+00:00
- sec_items
- ["1.01", "7.01", "9.01"]
- event_type
- other_material
- sentiment
- positive
- materiality_score
- 0.65
- calibrated_materiality_score
- 0.65
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001493152-25-025072
- json_url
- https://secwatch.observer/filing/0001493152-25-025072.json
- markdown_url
- https://secwatch.observer/filing/0001493152-25-025072.md
- text_url
- https://secwatch.observer/filing/0001493152-25-025072.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/2030763/000149315225025072/0001493152-25-025072-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/2030763/000149315225025072/form8-ka.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
- null
- superseded_by
- null
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