Wag! Group sells Furscription e-prescription business for $5M to MWI Veterinary Supply Co.

Wag! Group Co.

Asset purchase agreement with MWI for $5M cash, including $500K holdback for indemnification.
Sale proceeds will be used to repay secured debt owed to Retriever LLC.
Company warns it may not satisfy all obligations under Financing Agreement and could seek bankruptcy protection.
Strategic review process did not result in an alternative transaction to fully satisfy debt obligations.
Retriever can exercise remedies against assets; no assurance of full repayment or continued operations.

item 1.01item 2.01item 8.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.