---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-017895"
form_type: "8-K"
ticker: "WGRX"
cik: "0002030763"
company_name: "Wellgistics Health, Inc."
filed_at: "2026-04-17T23:59:59+00:00"
generated_at: "2026-05-15T05:36:55.152090+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Wellgistics Health forms joint venture with KareRx Hub, issuing up to $2M in stock for 51% stake

## Summary
- Wellgistics holds 51% membership interest in new LLC Healthstar; Kare Rx Hub holds 49%.
- Consideration of up to $2M in unregistered common stock: 1.5M shares at closing, additional shares at Wellgistics' option based on VWAP.
- Combined platform (EinsteinRx, HubRx AI, KareRx digital hub) aims to reach 200,000+ patient lives.
- Partner Kare PharmTech is controlled by Dr. Kiran Patel, founder of WellCare (sold for $200M) and America's 1st Choice Holdings.
- Shares subject to 12-month lock-up; closing subject to due diligence and customary conditions.

## SEC filing metadata
- accession: 0001493152-26-017895
- form_type: 8-K
- ticker: WGRX
- cik: 0002030763
- company_name: Wellgistics Health, Inc.
- filed_at: 2026-04-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2030763/000149315226017895/0001493152-26-017895-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2030763/000149315226017895/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-017895
- JSON: https://secwatch.observer/filing/0001493152-26-017895.json
- Plain text: https://secwatch.observer/filing/0001493152-26-017895.txt

## Source-grounded claims
- claim_id: ea794f8dcb0a66928360edd69152daefba330b67
  claim: Wellgistics Health, Inc. entered into Collaboration Agreement with Kare Rx Hub, LLC, Kare Pharmtech, LLC, and Healthstar Technologies, LLC valued at $2,000,000 (effective 2026-04-13).
  evidence_excerpt: On April 13, 2026, Wellgistics Health, Inc. (the “Company”) entered into a Collaboration Agreement (the “Collaboration Agreement”) with Kare Rx Hub, LLC (“Kare Hub”), Kare Pharmtech, LLC (“Kare Pharmtech”), and Healthstar Technologies, LLC (“Healthstar”), pursuant to which the parties agreed to collaborate through a newly formed limited liability company structure.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2030763/000149315226017895/0001493152-26-017895-index.htm

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