Wellgistics Health Inc. has announced the conversion of certain outstanding indebtedness into shares of its common stock. On October 30, 2025, the company entered into two separate debt conversion agreements. Under the first agreement, $1,300,000 of debt owed to Integra Health Inc. was converted into 1,857,143 shares of common stock at a price of $0.70 per share. In a second transaction, $4,019,859 of debt owed to Integra Pharma Solutions, LLC was also converted into 5,742,656 shares of common stock at the same price per share. These actions fully satisfy the obligations under the respective agreements.
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