{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-021455","form_type":"8-K","ticker":"WGRX","cik":"0002030763","company_name":"Wellgistics Health, Inc.","filed_at":"2025-07-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.866088+00:00","generated_at":"2026-05-17T23:15:34.230382+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Wellgistics Health converts $8.1M debt to equity, amends acquisition payment terms","bullets":["Remaining $8.14M closing cash payment converted into 7,606,785 shares of common stock; reduces short-term debt.","Promissory notes increased from $15M to $17.5M; $5M due on first and second anniversaries, $7.5M on third.","Strategix (controlled by CEO Brian Norton) to receive 333,333 shares from prior $1.5M cash payment conversion.","Company will reimburse Sellers $12,000 for fees incurred in connection with the amendments.","Press release says conversion strengthens balance sheet, aims to improve cash flow and expand network."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-021455","json":"https://secwatch.observer/filing/0001641172-25-021455.json","markdown":"https://secwatch.observer/filing/0001641172-25-021455.md","text":"https://secwatch.observer/filing/0001641172-25-021455.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2030763/000164117225021455/0001641172-25-021455-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2030763/000164117225021455/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T23:15:34.230382+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}