---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-026452"
form_type: "8-K"
ticker: "WGRX"
cik: "0002030763"
company_name: "Wellgistics Health, Inc."
filed_at: "2026-05-29T21:30:04+00:00"
generated_at: "2026-05-29T21:33:22.012383+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Wellgistics Health raises $16.9M via convertible notes at 20% OID; majority shareholders lock up shares

## Summary
- Notes aggregate principal $21.1M for $16.9M cash (20% OID); zero interest; mature in 12 months.
- Conversion price initially lower of $6.00 or 100% of closing price, floor $1.00; later reset to $50 or 100% of closing price.
- Warrants to purchase shares at $7.50; expire May 27, 2031; potential cash proceeds ~$39.6M if exercised in full.
- Portion of proceeds used to repay ~$1.77M Marco Capital loan.
- Holders of 1,333,930 common shares (majority) entered 90-day lock-up; co-CEO cites restructuring confidence.

## SEC filing metadata
- accession: 0001493152-26-026452
- form_type: 8-K
- ticker: WGRX
- cik: 0002030763
- company_name: Wellgistics Health, Inc.
- filed_at: 2026-05-29T21:30:04+00:00
- event_type: debt
- sentiment: neutral
- 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/2030763/000149315226026452/0001493152-26-026452-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2030763/000149315226026452/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-026452
- JSON: https://secwatch.observer/filing/0001493152-26-026452.json
- Plain text: https://secwatch.observer/filing/0001493152-26-026452.txt

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