Wellgistics Health board seeks approval for 1-for-25 to 1-for-200 reverse stock split

Reuters04-03

Wellgistics Health board seeks approval for 1-for-25 to 1-for-200 reverse stock split

Wellgistics Health shareholders executed written consent April 2, 2026, authorizing board to pursue one or more reverse stock splits.
Board received discretion to set split ratio between 1-for-25 and 1-for-200 at any time within 12 months of written consent.
Action targets Nasdaq minimum bid price compliance ahead of June 8, 2026 deadline.
Reverse split, if implemented, would not change 500,000,000 authorized common shares, leaving more unissued stock available for future corporate purposes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wellgistics Health Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-015063), on April 03, 2026, and is solely responsible for the information contained therein.

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