---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-026879"
form_type: "8-K/A"
ticker: "WGRX"
cik: "0002030763"
company_name: "Wellgistics Health, Inc."
filed_at: "2026-06-02T20:15:28+00:00"
generated_at: "2026-06-02T20:18:08.299632+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Wellgistics Health issues $21M convertible debt, raises $6.5M new capital, refinances all outstanding convertible debt

## Summary
- New $21M oversubscribed convertible debt refinances all outstanding convertible debt; no interest; converts at $6.00/share.
- Provides $6.5M in new working capital; satisfies closing condition for Datavault AI, Scilex Pharma, and others DelivMeds AI Transaction.
- Automatic exchange to Preferred Stock at $50.00/share conversion upon registration effectiveness and shareholder approval (subject to adjustments).
- Potential substantial future dilution to existing stockholders upon conversion of the new securities.
- Dawson James Securities acted as placement agent for the financing.

## SEC filing metadata
- accession: 0001493152-26-026879
- form_type: 8-K/A
- ticker: WGRX
- cik: 0002030763
- company_name: Wellgistics Health, Inc.
- filed_at: 2026-06-02T20:15:28+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2030763/000149315226026879/0001493152-26-026879-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2030763/000149315226026879/form8-ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-026879
- JSON: https://secwatch.observer/filing/0001493152-26-026879.json
- Plain text: https://secwatch.observer/filing/0001493152-26-026879.txt

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