---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-021718"
form_type: "8-K"
ticker: "WGRX"
cik: "0002030763"
company_name: "Wellgistics Health, Inc."
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T22:06:33.476006+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Wellgistics Health subsidiary enters forbearance agreement on $1.77M debt

## Summary
- Wellgistics, LLC acknowledges $1.77M owed to Marco Capital under Nov 2024 loan; MCI forbears through June 15, 2026.
- Bi-weekly payments of $50k start May 5, 2026; interest at Term SOFR + 11.5% per annum.
- Portion of net proceeds from future financings (10%-30% based on size) must repay debt.
- Parent guarantor Wellgistics Health and management (Patel, Sherb) reaffirm guarantees.
- Forbearance period ends June 15, 2026 unless earlier triggered by default or financing proceeds.

## SEC filing metadata
- accession: 0001493152-26-021718
- form_type: 8-K
- ticker: WGRX
- cik: 0002030763
- company_name: Wellgistics Health, Inc.
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2030763/000149315226021718/0001493152-26-021718-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2030763/000149315226021718/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-021718
- JSON: https://secwatch.observer/filing/0001493152-26-021718.json
- Plain text: https://secwatch.observer/filing/0001493152-26-021718.txt

## Source-grounded claims
- claim_id: 8061799927f323160179d003f386873767318e24
  claim: Wellgistics Health, Inc. entered into Forbearance Agreement with Marco Capital, Inc. valued at approximately $1.77 million (effective 2026-05-01).
  evidence_excerpt: On May 1, 2026, Wellgistics, LLC (“Wellgistics”), a wholly owned subsidiary of Wellgistics Health, Inc. (the “Company”), entered into an Acknowledgment of Indebtedness, Forbearance and Repayment Agreement (the “Forbearance Agreement”) with Marco Capital, Inc. (“MCI”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2030763/000149315226021718/0001493152-26-021718-index.htm

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