Wellgistics Health Files S-1 for Public Offering
Ticker: WGRX · Form: S-1 · Filed: May 5, 2025 · CIK: 2030763
Sentiment: neutral
Topics: ipo, registration-statement, healthcare
TL;DR
Wellgistics Health (fka Danam Health) just filed its S-1, looks like they're gearing up for an IPO.
AI Summary
Wellgistics Health, Inc., formerly Danam Health, Inc., filed an S-1 registration statement on May 5, 2025, to register securities. The company, incorporated in Delaware with principal offices in Tampa, FL, operates in the wholesale drugs, proprietaries, and druggists' sundries sector. Brian Norton is listed as the agent for service. The filing indicates a name change from Danam Health, Inc. on July 17, 2024.
Why It Matters
This S-1 filing signals Wellgistics Health's intention to go public, which could lead to increased capital for expansion and potentially impact the healthcare supply chain sector.
Risk Assessment
Risk Level: medium — As an S-1 filing, it represents a company seeking to become publicly traded, which inherently carries risks associated with market volatility and business execution.
Key Numbers
- 333-286981 — SEC File Number (Identifies the specific SEC registration)
- 0002030763 — Central Index Key (Unique identifier for the company in SEC filings)
Key Players & Entities
- Wellgistics Health, Inc. (company) — Registrant
- Danam Health, Inc. (company) — Former company name
- May 5, 2025 (date) — Filing date
- Brian Norton (person) — Agent for service
- July 17, 2024 (date) — Date of name change
- 3000 Bayport Drive Suite 950 Tampa, FL 33607 (address) — Principal executive offices
FAQ
What is the primary business of Wellgistics Health, Inc.?
Wellgistics Health, Inc. operates in the wholesale drugs, proprietaries & druggists' sundries sector, as indicated by its SIC code 5122.
When did the company change its name?
The company changed its name from Danam Health, Inc. on July 17, 2024.
Who is the agent for service for Wellgistics Health, Inc.?
Brian Norton is listed as the agent for service, with the same address as the principal executive offices.
What is the purpose of this S-1 filing?
The S-1 filing is a registration statement under the Securities Act of 1933, indicating the company's intent to offer securities to the public.
Where are Wellgistics Health, Inc.'s principal executive offices located?
The company's principal executive offices are located at 3000 Bayport Drive, Suite 950, Tampa, FL 33607.
Filing Details
This Form S-1 (Form S-1) was filed with the SEC on May 5, 2025 by Brian Norton regarding Wellgistics Health, Inc. (WGRX).