secwatch / observer
8-K filed January 20, 2026, 6:59 PM ET ticker WGRX CIK 0002030763
debt confidence high sentiment negative materiality 0.65

Wellgistics Health, Inc. (WGRX): debt financing — Wellgistics Health issues up to $8.125M secured convertible notes at 20% OID

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 0.9

Wellgistics Health, Inc. incurred convertible notes of up to $8,125,000 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 the six (6) month anniversary of the date of issuance of the Notes, or the date of closing of the next issuance and sale of capital stock of the Company.

Instrument
convertible notes
Principal
up to $8,125,000 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
the six (6) month anniversary of the date of issuance of the Notes, or the date of closing of the next issuance and sale of capital stock of the Company
Event
incurrence
Exact text from the filing
On January 16, 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 $8,125,000 in aggregate principal amount (the “Aggregate Principal Amount”) of secured convertible promissory notes (the “Notes”) (the “Offering”).
View on SEC.gov
Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Wellgistics Health, Inc. issued warrant to Placement Agent and its designees for 5% of aggregate gross proceeds.

Security
warrant
Purchaser
Placement Agent and its designees
Consideration
5% of aggregate gross proceeds
Exact text from the filing
the Company issued common stock purchase warrants, in the form filed as Exhibit 10.2 to this Current Report on Form 8-K (the “PA Warrants”) to the Placement Agent and its designees to purchase a number of shares of Company common stock equal to 5% of the aggregate gross proceeds received by the Company with an exercise price equal to the closing price of the common stock on the last trading day before closing of the Offering.
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Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Wellgistics Health, Inc. issued convertible note to certain investors (the "Investors") for up to $8,125,000 in aggregate principal amount; aggregate purchase price of $6,500,000.

Security
convertible note
Purchaser
certain investors (the "Investors")
Consideration
up to $8,125,000 in aggregate principal amount; aggregate purchase price of $6,500,000
Exact text from the filing
On January 16, 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 $8,125,000 in aggregate principal amount (the “Aggregate Principal Amount”) of secured convertible promissory notes (the “Notes”) (the “Offering”).
View on SEC.gov
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. (effective 2026-01-16).

Action
entry
Agreement
underwriting
Counterparty
Dawson James Securities, Inc.
Effective
2026-01-16
Exact text from the filing
On January 16, 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.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Wellgistics Health, Inc. entered into Note Purchase Agreement with certain investors valued at up to $8,125,000 in aggregate principal amount (effective 2026-01-16).

Action
entry
Agreement
notes offering
Counterparty
certain investors
Value
up to $8,125,000 in aggregate principal amount
Effective
2026-01-16
Exact text from the filing
On January 16, 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 $8,125,000 in aggregate principal amount (the “Aggregate Principal Amount”) of secured 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 0001493152-26-002690
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