Wellgistics Health converts $1.5M debt owed to CEO into 333,333 shares at $4.50 IPO price

Wellgistics Health, Inc.

Conversion of $1.5M cash payment due June 14, 2025 into 333,333 common shares at $4.50/share.
Shares issued to Strategix Global LLC, an entity controlled by CEO Brian Norton.
New shares subject to 12-month lock-up agreement with limited exceptions.
Amendment to the Wellgistics MIPA dated May 11, 2023, as previously disclosed.
CEO states conversion reflects belief in company's strategic direction and long-term value.

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