StockData
MEDSNasdaqWholesale-Drugs, Proprietaries & Druggists' SundriesFiscal year ends December 31

DataMeds AI, Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 17, 2026
$2.67+0.04 (+1.52%)

Close on Oct 19, 2026

Market cap
$6.87M
P/E (TTM)
–
Dividend yield
–

About DataMeds AI

Wholesale-Drugs, Proprietaries & Druggists' Sundries, SIC 5122

Wellgistics Health, Inc. operates as a healthcare and pharmaceutical holding company providing integrated solutions across dispensing, delivery, care coordination, and clinical management. Its business model spans three primary operating segments: a retail specialty pharmacy, pharmaceutical wholesale operations, and a technology division. The company's offerings include distribution of specialty-lite and maintenance medications, clinical concierge support, and digital prescription transfer services. Wellgistics serves individual patients, independent pharmacies, healthcare providers, pharmaceutical manufacturers, and health payors.

The company operates through wholly owned operating subsidiaries, including Wellgistics, LLC and Wood Sage LLC, distributing niche pharmaceuticals to a nationwide network of independent pharmacy partners across the United States. Its retail pharmacy operations originate from a facility established in Florida. Wellgistics Health maintains its principal executive offices in Tampa, Florida.

Summary of the business section of DataMeds AI's latest annual report, written by StockData.

Company profile

Company

Legal name
DataMeds AI, Inc.
Founded
2022
Headquarters
Tampa, FL
Address
3000 Bayport Drive Suite 950 33607
Phone
1-843-302-1785
Employees
35, Dec 31, 2025
Industry
Wholesale-Drugs, Proprietaries & Druggists' Sundries
Incorporated in
Delaware
Fiscal year ends
December 31
Auditor
Suri & Co., Chartered Accountants, Bengaluru, India

Stock & identifiers

Ticker
MEDS
Exchange
Nasdaq
IPO date
Feb 21, 2025
Shares outstanding
3M, Aug 17, 2026
Public float
$27.10M, Jun 30, 2025
Filer category
<br>Emerging growth company
Stock splits
1-for-50 reverse, Aug 17, 2026; 1-for-50 reverse, May 26, 2026
SEC CIK
2030763
CUSIP
949503205
ISIN
US9495032057
EIN
93-3264234

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Prashant PatelChief Executive Officer, Director9,354,365
Srinivas KallaChief Information Officer293,333
Mark DiSienaChief Financial Officer–
Brian NortonChief Executive Officer11,524,308
Nikul PanchalChief Pharmacy Officer375,761
Shafaat PiraniChief Clinical Officer102,080
Surendra K. AjjarapuDirector15,445,447
Gary L. HermanDirector–
Eric Michael SherbDirector–
Marlene VelezDirector–
Howard A. DossDirector–
Donald G. FellDirector–
Steven Dale LeeDirector–
Michael L. PetersonDirector200,000
Donald William AndersonDirector244,720
Rebecca M. ShanahanDirector244,720
Sajid SyedDirector244,720

Employees

Headcount reported in annual reports

“● loss of key employees of the acquired businesses following the acquisition; and … 35”

Corporate history

Events identified from SEC filings

DateEventDetails
Oct 16, 2026Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Aug 14, 2026Late filingNotification of late filing
Jul 21, 2026Name changeName changed from Wellgistics Health, Inc. to DataMeds AI, Inc.
Jun 12, 2026Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
May 15, 2026Late filingNotification of late filing
Apr 21, 2026Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Dec 16, 2025Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Nov 17, 2025Auditor changeChange in certifying accountant (8-K Item 4.01)
Nov 14, 2025Late filingNotification of late filing
Aug 14, 2025Late filingNotification of late filing
Jul 8, 2025Auditor changeChange in certifying accountant (8-K Item 4.01)
Feb 21, 2025IPOInitial public offering priced (424B4 prospectus)
Feb 18, 2025ListingRegistration of securities on an exchange (Form 8-A)
Sep 27, 2024Name changeName changed from Danam Health, Inc to Wellgistics Health, Inc.