TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
An announcement from Wellgistics Health Inc ( (WGRX) ) is now available.
On September 25, 2025, Wellgistics Health, Inc. announced a public offering of 7,142,862 shares of common stock and warrants, raising approximately $5 million before expenses. The proceeds are intended for working capital and general corporate purposes, including operating expenses, research and development, and potential acquisitions. The offering closed on September 29, 2025, with H.C. Wainwright & Co. acting as the exclusive placement agent. The company has agreed to certain restrictions on issuing additional shares for a period following the offering, impacting its future financial strategies and shareholder interests.
More about Wellgistics Health Inc
Wellgistics Health, Inc. is a leader in next-generation pharmaceutical distribution, digital prescription routing, and AI-powered hub fulfillment. The company connects over 6,500 independent pharmacies and more than 200 U.S. manufacturers, offering wholesale distribution and various AI-driven services. Wellgistics Health provides end-to-end solutions designed to restore access, transparency, and trust in U.S. healthcare.
Average Trading Volume: 3,322,356
Technical Sentiment Signal: Strong Sell
Current Market Cap: $79.21M
For an in-depth examination of WGRX stock, go to TipRanks’ Overview page.