Wellgistics Health enters forbearance deal with Marco Capital on $1.77 million debt
PUBT · 6d ago
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- Wellgistics Health entered a forbearance and repayment agreement with Marco Capital tied to existing loan documents.
- Agreement acknowledges about $1.77 million of outstanding obligations, with lender forbearance running through June 15, 2026.
- Calls for $50,000 bi-weekly payments starting May 5, 2026.
- Interest resets to Term SOFR + 11.5% per year starting May 5, 2026.
- May require repayment from a portion of net proceeds from future financing transactions during forbearance period, subject to specified thresholds.
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: 0001493152-26-021718), on May 07, 2026, and is solely responsible for the information contained therein.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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