secwatch / observer
8-K filed January 8, 2026, 6:59 PM ET ticker WGRX CIK 0002030763
other material confidence high sentiment neutral materiality 0.75

Wellgistics Health, Inc. (WGRX): debt financing — Wellgistics Health issues $3.125M convertible notes at 20% OID; sets 2026 target of 500 pharmacy onboardings/month

Wellgistics Health, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

Wellgistics Health, Inc. incurred convertible notes of up to $3,125,000 in aggregate principal amount with certain investors at 0% except in the event of an event of default, in which case, the default intere maturing on (a) the six (6) month anniversary of the date of issuance of the Notes, or (b) the date of closing of the next issuance and sale of capital stock of the Comp.

Instrument
convertible notes
Principal
up to $3,125,000 in aggregate principal amount
Counterparty
certain investors
Rate
0% except in the event of an event of default, in which case, the default intere
Maturity
on (a) the six (6) month anniversary of the date of issuance of the Notes, or (b) the date of closing of the next issuance and sale of capital stock of the Comp
Event
incurrence
Exact text from the filing
On January 5, 2026, Wellgistics Health, Inc. (the “Company”), entered into a note purchase agreement (the “Note Purchase Agreement”) with certain investors (the “Investors”) whereby the Company agreed to issue and sell to the Investors in a private offering up to $3,125,000 in aggregate principal amount (the “Aggregate Principal Amount”) of convertible promissory notes (the “Notes”) (the “Offering”).
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Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.95

Wellgistics Health, Inc. issued up to $3,125,000 in aggregate principal amount of convertible promissory notes of convertible note to certain investors for aggregate purchase price of $2,500,000, reflecting a 20% original issue discount.

Security
convertible note
Shares
up to $3,125,000 in aggregate principal amount of convertible promissory notes
Purchaser
certain investors
Consideration
aggregate purchase price of $2,500,000, reflecting a 20% original issue discount
Exact text from the filing
amount (the “Aggregate Principal Amount”) of convertible promissory notes (the “Notes”) (the “Offering”). The aggregate purchase price payable by all Investors for the Notes is $2,500,000, reflecting a 20% original issue discount. All principal and interest on the outstanding principal will accrue and, unless converted earlier as set forth below, be due and
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Wellgistics Health, Inc. entered into Placement Agency Agreement with Dawson James Securities, Inc. (the “Placement Agent”) (effective 2026-01-05).

Action
entry
Agreement
underwriting
Counterparty
Dawson James Securities, Inc. (the “Placement Agent”)
Effective
2026-01-05
Exact text from the filing
On January 5, 2026, in connection with the Offering, the Company entered into a placement agency agreement, a copy of which is filed as Exhibit 10.3 to this Current Report on Form 8-K (the “Placement Agency Agreement”) with Dawson James Securities, Inc. (the “Placement Agent”), pursuant to which the Placement Agent agreed to act as the Company’s placement agent in connection with the Offering.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Wellgistics Health, Inc. entered into Note Purchase Agreement with certain investors (the "Investors") valued at up to $3,125,000 in aggregate principal amount (effective 2026-01-05).

Action
entry
Agreement
notes offering
Counterparty
certain investors (the "Investors")
Value
up to $3,125,000 in aggregate principal amount
Effective
2026-01-05
Exact text from the filing
On January 5, 2026, Wellgistics Health, Inc. (the “Company”), entered into a note purchase agreement (the “Note Purchase Agreement”) with certain investors (the “Investors”) whereby the Company agreed to issue and sell to the Investors in a private offering up to $3,125,000 in aggregate principal amount (the “Aggregate Principal Amount”) of convertible promissory notes (the “Notes”) (the “Offering”).
View on SEC.gov

26 debt financings filed in the last 30 days. Browse all debt financings →

Wellgistics Health, Inc. filing history →

Source: SEC EDGAR
accession 0001493152-26-001001
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