---
schema_version: "secwatch.filing_event.v1"
accession: "0001842356-25-000088"
form_type: "8-K"
ticker: null
cik: "0001842356"
company_name: "Wag! Group Co."
filed_at: "2025-07-15T23:59:59+00:00"
generated_at: "2026-05-18T06:32:00.177841+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001842356-25-000088
- form_type: 8-K
- cik: 0001842356
- company_name: Wag! Group Co.
- filed_at: 2025-07-15T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1842356/000184235625000088/0001842356-25-000088-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1842356/000184235625000088/pet-20250714.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001842356-25-000088
- JSON: https://secwatch.observer/filing/0001842356-25-000088.json
- Plain text: https://secwatch.observer/filing/0001842356-25-000088.txt

## Key facts
- M&A Transactions
  Wag! Group Co. completed a disposition involving MWI Veterinary Supply Co. for $5,000,000 in cash (closed 2025-07-14).
  - Action: disposition
  - Counterparty: MWI Veterinary Supply Co.
  - Consideration: $5,000,000 in cash
  - Closing: 2025-07-14
  source text: As consideration for the transaction, MWI has agreed to pay the Company $5,000,000 in cash
  evidence_url: https://www.sec.gov/Archives/edgar/data/1842356/000184235625000088/0001842356-25-000088-index.htm

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