Form 8-K
8-K — Wellgistics Health, Inc.
Accession: 0001493152-26-015898
Filed: 2026-04-09
Period: 2026-04-03
CIK: 0002030763
SIC: 5122 (WHOLESALE-DRUGS PROPRIETARIES & DRUGGISTS' SUNDRIES)
Item: Entry into a Material Definitive Agreement
Item: Other Events
Documents
8-K — form8-k.htm (Primary)
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported): April 3, 2026
WELLGISTICS
HEALTH, INC.
(Exact
name of registrant as specified in its charter)
Delaware
001-42530
93-3264234
(State
or other jurisdiction
of
incorporation)
(Commission
File
Number)
(IRS
Employer
Identification
No.)
3000
Bayport Drive
Suite
950
Tampa,
FL 33607
(Address
of principal executive offices, including zip code)
Registrant’s
telephone number, including area code: (844) 203-6092
Not
Applicable
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐
Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities
registered pursuant to Section 12(b) of the Act:
Title of
each class
Trading Symbol(s)
Name of each
exchange on which registered
Common Stock, $0.0001 par
value per share
WGRX
The Nasdaq Capital Market
LLC
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
1.01 Entry into a Material Definitive Agreement
Termination
of Settlement Agreement
On
April 3, 2026, Wellgistics Health, Inc. (the “Company”) delivered written notice to Silverback Capital Inc. terminating that
certain Settlement Agreement and Stipulation, dated January 28, 2026 (the “Settlement Agreement”), previously entered into
between the Company and Silverback Capital Inc.
The
Settlement Agreement contemplated the issuance of shares of the Company’s common stock in reliance upon Section 3(a)(10) of the
Securities Act of 1933, as amended.
Prior
to termination, the Company issued an aggregate of 6,866,000 shares of its common stock pursuant to the Settlement Agreement.
As
a result of the termination:
●
the Settlement
Agreement is no longer in effect;
●
no additional shares will
be issued by the Company pursuant to the Settlement Agreement or in reliance upon Section 3(a)(10); and
●
Silverback Capital Inc.
has been requested to return all rights, title and interest in and to any unpaid claims to the applicable creditors.
The
Company and Silverback Capital Inc. have no further obligations under the Settlement Agreement.
Item
8.01 Other Events
The
Company has elected to terminate the previously disclosed settlement structure in order to pursue alternative strategic and financing
initiatives. The termination eliminates potential future dilution associated with the Settlement Agreement.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Date: April 9,
2026
WELLGISTICS HEALTH, INC.
By:
/s/ Prashant Patel
Prashant Patel, President
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Entity File Number
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Entity Registrant Name
WELLGISTICS
HEALTH, INC.
Entity Central Index Key
0002030763
Entity Tax Identification Number
93-3264234
Entity Incorporation, State or Country Code
DE
Entity Address, Address Line One
3000
Bayport Drive
Entity Address, Address Line Two
Suite
950
Entity Address, City or Town
Tampa
Entity Address, State or Province
FL
Entity Address, Postal Zip Code
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City Area Code
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Local Phone Number
203-6092
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