Wellgistics Health, Inc. (WGRX) Form 8-K — May 29, 2026
$WGRXForm 8-KItems 1.01, 3.02, 7.01, 9.01Filed May 29, 2026, 5:30 PM ET0001493152-26-026452Original filing
Wellgistics Health, Inc. (WGRX) closed a $16.9 million private placement of convertible promissory notes and warrants on May 27, 2026. The notes have an aggregate principal value of $21.1 million, reflecting a 20% original issue discount, and bear 0% interest with a one-year maturity. The offering includes warrants with 150% coverage exercisable at $7.50 per share, which could generate up to $42.8 million in additional proceeds if fully exercised.
Key figures
- Interest Rate
- 0
- Maturity Date
- 2027-05-27
- Gross Proceeds
- 16906250
- Lockup shares
- 1333930
- Debt repaid amount
- 1770000
- Warrant exercise price
- 7.5
- Warrant coverage percent
- 150
- Placement agent fee percent
- 3
- Original issue discount percent
- 20
- Potential gross proceeds from warrants
- 42800000
Price after filing
1 day: 0.0%7 days: +15.3%30 days: -23.1%
Close on the filing date to close N calendar days later (from $3.72). Historical, not a forecast.
AI analysis
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