Wellgistics Health Inc. (NASDAQ: WGRX) terminated its settlement agreement with Silverback Capital Inc., according to a company statement. The company delivered written notice of termination on April 3, 2026.

The settlement agreement, originally dated January 28, 2026, involved the issuance of company shares under Section 3(a)(10) of the Securities Act of 1933. Prior to termination, Wellgistics issued 6,866,000 shares of common stock pursuant to the agreement.

Following the termination, no additional shares will be issued under the settlement agreement. Silverback Capital has been requested to return unpaid claims to applicable creditors. Both parties no longer have obligations under the terminated agreement.