---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-018326"
form_type: "8-K/A"
ticker: "WGRX"
cik: "0002030763"
company_name: "Wellgistics Health, Inc."
filed_at: "2026-04-21T23:59:59+00:00"
generated_at: "2026-05-15T05:11:10.664502+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Wellgistics receives Nasdaq deficiency notice; forms JV with KareRx hub

## Summary
- Received Nasdaq deficiency letter on Apr 13, 2026 for failing minimum $2.5M stockholders' equity; equity was -$12.4M.
- Entered JV with Kare Rx Hub, forming LLC with Wellgistics owning 51%, Kare Hub 49%.
- Will pay $2M in unregistered common stock (1.5M shares at closing) for transferred IP and assets.
- JV aims to integrate technology platforms to reach 200,000+ patient lives across pharmaceutical and provider networks.

## SEC filing metadata
- accession: 0001493152-26-018326
- form_type: 8-K/A
- ticker: WGRX
- cik: 0002030763
- company_name: Wellgistics Health, Inc.
- filed_at: 2026-04-21T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2030763/000149315226018326/0001493152-26-018326-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2030763/000149315226018326/form8-ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-018326
- JSON: https://secwatch.observer/filing/0001493152-26-018326.json
- Plain text: https://secwatch.observer/filing/0001493152-26-018326.txt

## Source-grounded claims
- claim_id: be01ff6bb449fe65d2b51954b86fb1b805ab88ee
  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/2030763/000149315226018326/0001493152-26-018326-index.htm

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