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AI brief of an SEC Form 8-K · Jaguar Health, Inc. (JAGX)

Jaguar Health issues special preferred dividend, defers royalty and note payments to 2027

Negative Impact 4 of 5 shareholder Written later

Jaguar Health's board declared a special stock dividend of Series R Convertible Preferred Stock, with a record date of October 13, 2026, and conversion into common stock on November 2, 2026. The filing says the conversion could issue up to 11,406,235 common shares, about 83.3% of common stock outstanding afterward, which would significantly dilute holders who do not receive the dividend. The company also moved the start of royalty payments and the 2021 note maturity from October 1, 2026 to January 1, 2027, and agreed to repurchase Series P preferred stock in cash on a fundamental transaction.

Key points

  • Record date October 13, 2026; payment date October 15, 2026; each Series R share converts into five common shares on November 2, 2026.
  • Filing estimates up to 11,406,235 common shares on conversion, about 83.3% of common outstanding, based on 2,138,712 shares outstanding as of October 1, 2026 and full warrant exercise.
  • Royalty payments to Uptown and Streeterville, each a $12 million royalty interest, now start January 1, 2027, with a monthly minimum of $750,000.
  • The 2021 $6,220,812.50 note maturity moved to January 1, 2027; Series R shares have no voting rights and a nominal $0.0001 per share liquidation preference.

The filing

CompanyJaguar Health, Inc. (JAGX)
Form8-K, current report
Filed with the SECOct 5, 2026, 8:45 AM ET
Accession number0001193125-26-413233

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation3.03 Change to Shareholder Rights5.03 Bylaw / Charter Amendment7.01 Regulation FD Disclosure8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 05, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.