Wellgistics Health entered a collaboration agreement to form a new entity, Healthstar Technologies, LLC, with Kare Rx Hub, Kare Pharmtech, and Healthstar. Wellgistics will hold a 51% interest in Healthstar, while Kare Hub will hold 49%. The company will pay $2,000,000 in common stock for transferred intellectual property, with 1,500,000 shares issued at closing and the remainder by April 1, 2027. The company received a Nasdaq notification on April 13, 2026, for failing to maintain the required $2,500,000 in stockholders equity. As of December 31, 2025, the company reported negative stockholders equity of $(12,447,801). The company has until May 28, 2026, to submit a compliance plan to Nasdaq.