secwatch.observer — SEC 8-K summary
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Issuer:     Wellgistics Health, Inc. (WGRX)
CIK:        0002030763
Form:       8-K
Filed at:   2026-04-07T23:59:59+00:00
Accession:  0001493152-26-015548
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wellgistics Health issues $1.25M in promissory notes at 20% discount to accredited investors
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- Company entered Note Purchase Agreement for up to $1,250,000 aggregate principal; purchase price $1,000,000 (20% OID).
- Notes mature in 12 months or upon next Qualified Financing (equity offering); bear 0% interest (15% default rate).
- Investors get participation rights in future offerings for at least one year or while notes outstanding.
- Company restricted from incurring additional debt or granting liens while notes outstanding.
- Offering exempt from registration under Section 4(a)(2) and Rule 506(b); accredited investors only.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2030763/000149315226015548/0001493152-26-015548-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2030763/000149315226015548/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-015548

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