---
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"
generated_at: "2026-05-17T23:15:34.230382+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Wellgistics Health converts $8.1M debt to equity, amends acquisition payment terms

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-021455
- JSON: https://secwatch.observer/filing/0001641172-25-021455.json
- Plain text: https://secwatch.observer/filing/0001641172-25-021455.txt

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