Wellgistics Health, Inc. Material Event - What Happened

Hey there! Let's break down what's going on with Wellgistics Health, Inc. in a way that makes sense, without all the confusing finance talk. Think of this as me explaining the news to you over coffee.

---

1. What happened? (The actual event, in plain English)

Okay, so here's the big news: Wellgistics Health just received a serious warning from Nasdaq, the stock exchange where its shares are traded, because its stock price has been too low for too long, putting it at risk of being removed from the exchange.

2. When did it happen?

This news broke on December 10, 2025, when Wellgistics received the official letter from Nasdaq. The problem is that their stock price had been below $1.00 per share for 30 consecutive business days, specifically from October 27, 2025, through December 9, 2025.

3. Why did it happen? (The backstory and reasons)

So, why did this situation come about? Well, Nasdaq has a rule (called the "Bid Price Rule") that companies need to keep their stock price above $1.00 per share to stay listed on their exchange. This rule is in place to ensure a certain level of stability and investor confidence in the companies traded on the exchange. Wellgistics' stock simply hasn't met that minimum price requirement for a significant period. The filing doesn't specify why the stock price fell, only that it did.

4. Why does this matter? (The "so what?" and significance)

This isn't just some small update; it's a pretty big deal because if Wellgistics' stock gets delisted from Nasdaq, it can make it much harder for investors to buy and sell their shares. It also often signals financial struggles and can hurt the company's reputation, making it tougher to raise money or attract new investors. It's a serious challenge to their standing in the market.

5. Who is affected? (Who feels the ripple effect?)

A lot of people could feel the impact of this:

• Employees: While not directly impacted today, a company facing delisting often signals underlying financial challenges, which could create uncertainty about the company's long-term stability and future job security.
• Customers: For now, customers likely won't see any immediate changes to products or services. However, if the company's financial health deteriorates further, it could eventually impact their ability to innovate or maintain service levels.
• Investors/Shareholders: This is a huge deal for anyone who owns Wellgistics stock. The value of their shares could be negatively affected, and if the stock is eventually delisted, it could become much harder to trade. This news often leads to a drop in investor confidence.
• The Healthcare Industry: Unless Wellgistics is a dominant player in a specific niche, this event is unlikely to have a broad impact on the wider healthcare industry, but it's a cautionary tale for other companies struggling with stock performance.

6. What happens next? (Immediate and future implications)

So, what's on the horizon?

• Immediately: Wellgistics now has an initial period of 180 calendar days, or until June 8, 2026, to get its stock price back above $1.00 and keep it there for at least 10 consecutive business days. The company says it's currently looking at its options to fix this.
• In the coming months/years: If they can't meet the $1.00 minimum by June 8, 2026, they might get an additional 180 days if they meet other Nasdaq requirements and show they intend to fix the price, possibly through a "reverse stock split" (where they combine multiple shares into one to boost the price). If they still can't comply, their stock will be delisted, though they would have the right to appeal that decision to a Nasdaq hearings panel.

7. What should investors/traders know? (Practical takeaways)

If you own Wellgistics stock, or you're thinking about buying or selling, here are a few things to keep in mind (and remember, this isn't financial advice, just food for thought!):

• Volatility: Expect the stock price to be quite choppy and potentially decline in the short term as the market reacts to this uncertainty and the risk of delisting.
• Long-term view: This is a significant hurdle. Investors need to consider whether Wellgistics can successfully address the underlying issues causing its low stock price and regain compliance. Failure to do so could severely impact the stock's long-term viability.
• Keep an eye on: Watch out for any announcements from Wellgistics about their plan to regain compliance, especially if they mention a reverse stock split. Also, monitor their stock price closely to see if it starts to recover and stays above $1.00.
• Do your homework: This is a critical situation. Always look at the company's official statements and other reliable news sources to understand their strategy and the potential outcomes before making any investment decisions. There's no guarantee they will regain compliance.