on Wellgistics Health, Inc. (NASDAQ:WGRX)
Wellgistics Health Announces $5 Million Public Offering Pricing
Wellgistics Health, Inc. (NASDAQ:WGRX), a company specializing in pharmaceutical distribution and digital services, announced its public offering pricing. The company will offer 7,142,862 shares of common stock combined with warrants. The public offering price is set at $0.70 per share and warrant. Warrants have the same exercise price and expire in five years.
The offering, managed by H.C. Wainwright & Co., is expected to close by September 29, 2025, pending customary conditions. Estimated gross proceeds are $5 million, earmarked for operating expenses, development, and acquisitions.
The SEC approved the registration, and the offering proceeds via a prospectus. This marks another step in Wellgistics Health's strategy, improving market outreach and operational capabilities.
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