---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-010526"
form_type: "8-K"
ticker: "MGRX"
cik: "0001938046"
company_name: "MANGOCEUTICALS, INC."
filed_at: "2026-03-17T23:59:59+00:00"
generated_at: "2026-05-15T11:00:46.121362+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Mangoceuticals files lawsuit seeking >$73M against Clarity Ventures; CEO options repriced to $0.45

## Summary
- Filed lawsuit in Texas state court against Clarity Ventures seeking damages exceeding $73M for failure to deliver HIPAA-compliant ERP/eCommerce platform.
- Clarity denies allegations and asserts counterclaims for unpaid invoices; company states all binding payments were made in full.
- CEO Jacob Cohen's options repriced: 50,000 at $16.50, 83,333 at $4.80, 2,000,000 at $2.30 → new exercise price $0.45 per share effective March 16, 2026.
- Company independently developed and deployed a new proprietary telehealth platform that does not rely on Clarity’s technology.

## SEC filing metadata
- accession: 0001493152-26-010526
- form_type: 8-K
- ticker: MGRX
- cik: 0001938046
- company_name: MANGOCEUTICALS, INC.
- filed_at: 2026-03-17T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1938046/000149315226010526/0001493152-26-010526-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1938046/000149315226010526/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-010526
- JSON: https://secwatch.observer/filing/0001493152-26-010526.json
- Plain text: https://secwatch.observer/filing/0001493152-26-010526.txt

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