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Wellgistics Health (Danam Health) Priced, Nasdaq: WGRX

Pharmaceutical wholesaler focused on independent pharmacies.

Industry: Health Care

Latest Trade: $1.38 0.00 (0.0%)

First Day Return: -15.3%

Return from IPO: -69.3%

Incorporated in 2022, Wellgistics Health is a holding company for existing and future planned operating companies centered around pharmaceuticals and healthcare services. Wellgistics Health seeks to be a micro health ecosystem, with a portfolio of companies consisting of a pharmacy, wholesale operations, and a technology division that provides a novel platform for hub and clinical services. Wellgistics Health is focused on improving the lives of patients while delivering unique solutions for pharmacies, providers, pharmaceutical manufacturers, and payors. With the successful integration of its patient-centric approach and innovative healthcare applications, Wellgistics Health intends to shift the dynamic of pharmaceutical care to revolve around the patient for a wide range of therapeutic conditions by offering a full spectrum of integrated solutions as a result of leveraging the synergies of its business segments to address access, care coordination, dispensing, delivery, and clinical management of pharmaceutical products ranging from “specialty-lite” to general maintenance conditions.
IPO Data
IPO Date 02/20/2025
Offer Price $4.50
Price Range $4.50 - $5.50
Offer Shares (mm) 0.9
Deal Size ($mm) $4
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Craft Capital Management
D. Boral Capital
Company Data
Headquarters Tampa, FL, United States
Founded 2022
Employees at IPO 31
Website www.wellgisticshealth.com

Wellgistics Health (Danam Health) (WGRX) Performance

Created with Highcharts 10.3.2Chart context menuWGRX vs. IPO Index (IPOUSA)Mar 3Mar 17Mar 31Apr 14Apr 28May 12May 26Jun 9Jun 23Jul 7Jul 21Aug 4Aug 18Sep 1Sep 15-100%-50%0%+ 50%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexWGRXOur ETF tracks the IPO Index