---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-003835"
form_type: "8-K"
ticker: "WGRX"
cik: "0002030763"
company_name: "Wellgistics Health, Inc."
filed_at: "2025-04-11T23:59:59+00:00"
generated_at: "2026-05-23T16:38:18.457941+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Wellgistics Health to acquire Peek Healthcare for $2M cash, $6M note, and shares

## Summary
- Merger: Peek acquired for $2M cash (adjusted) + $6M note (4.5% for 3 years) + 1,777,778 shares; 1,270,163 earn-out subject to $8.8M revenue target by Dec 2027.
- Peek's digital prescription platform serves >2,500 patients with $1.5M annual revenue; expected to be immediately accretive.
- Related party note: $500k from Sansur Assoc. (Chairman's entity), 10% unsecured, due Oct 2025.
- ELOC with Hudson Global Ventures for up to $50M over ~24 months at up to 10% discount; commitment fee 152k shares.
- Director Sajid Sayed resigns (no disagreement); Michael Peterson appointed independent director and audit committee chair.

## SEC filing metadata
- accession: 0001641172-25-003835
- form_type: 8-K
- ticker: WGRX
- cik: 0002030763
- company_name: Wellgistics Health, Inc.
- filed_at: 2025-04-11T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2030763/000164117225003835/0001641172-25-003835-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2030763/000164117225003835/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-003835
- JSON: https://secwatch.observer/filing/0001641172-25-003835.json
- Plain text: https://secwatch.observer/filing/0001641172-25-003835.txt

## Source-grounded claims
- claim_id: 47b798335c
  claim: Sajid Sayed resigned as Director at Wellgistics Health, Inc..
  evidence_excerpt: Sajid Sayed informed the Company’s board of directors of his intent to resign as a director of the Company, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2030763/000164117225003835/0001641172-25-003835-index.htm
- claim_id: 621f8a4e16
  claim: Michael L. Peterson was appointed as Director at Wellgistics Health, Inc..
  evidence_excerpt: the Board appointed Michael L. Peterson to fill the vacancy created as a result of Mr. Sayed’s departure.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2030763/000164117225003835/0001641172-25-003835-index.htm

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