---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-046887"
form_type: "8-K"
ticker: "WGRX"
cik: "0002030763"
company_name: "Wellgistics Health, Inc."
filed_at: "2026-10-13T21:27:09+00:00"
generated_at: "2026-10-13T21:28:06.984287+00:00"
event_type: "litigation"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# DataMEDS AI settles MIPA suits for $450K, clears ~$19M liability; equity back above $2.5M

## Summary
- Confirmed stockholders' equity exceeds $2,500,000 as of Oct 13, 2026, after the settlement and liability extinguishment.
- Sept 11, 2026 settlement with Brian Norton, Nomad Capital and Strategix Global resolves Florida and Delaware suits over the May 11, 2023 MIPA.
- Paid $450,000 total: $350,000 to repurchase and extinguish 364,099 common shares; $100,000 to settle MIPA and all released claims.
- The agreement extinguished roughly $19 million of liability carried on DataMEDS' consolidated balance sheet.
- Oct 13, 2026 license deal with REBOOT Health AI for a care management platform; DataMEDS issued 666,667 common shares as consideration.

## SEC filing metadata
- accession: 0001493152-26-046887
- form_type: 8-K
- ticker: WGRX
- cik: 0002030763
- company_name: Wellgistics Health, Inc.
- filed_at: 2026-10-13T21:27:09+00:00
- event_type: litigation
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2030763/000149315226046887/0001493152-26-046887-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2030763/000149315226046887/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-046887
- JSON: https://secwatch.observer/filing/0001493152-26-046887.json
- Plain text: https://secwatch.observer/filing/0001493152-26-046887.txt

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