SRX Global sets cash dividend and $20M buyback

SRX Global Inc. entered into a Limited Waiver and Consent Agreement with the Required Holders under its existing Securities Purchase Agreement that allows the company to return capital to common stockholders while that financing remains in place.

Rhea-AI Filing Summary

SRX Global Inc. entered into a Limited Waiver and Consent Agreement with the Required Holders under its existing Securities Purchase Agreement that allows the company to return capital to common stockholders while that financing remains in place. The original agreement permits accredited investors to purchase up to 10,000 shares of Series B convertible preferred stock for an aggregate purchase price of up to $8.0 million in one or more closings.

Under the Waiver, the Required Holders consent to SRX Global’s plan to declare and pay a one-time cash dividend of $0.05 per share on common stock outstanding, payable on August 3, 2026 to stockholders of record at the close of business on July 22, 2026. They also consent to a stock repurchase plan under which the company may repurchase up to the lesser of 10,000,000 shares of common stock or 50% of the issued and outstanding common stock at any given time, for an aggregate purchase price not to exceed $20,000,000, during the period ending July 7, 2027.

8-K Event Classification

2 items: 1.01, 9.01

2 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Series B preferred capacity: 10,000 shares Preferred aggregate purchase price: $8.0 million Cash dividend per share: $0.05 per share +5 more

8 metrics

Series B preferred capacity 10,000 shares Maximum shares of Series B convertible preferred stock under the Securities Purchase Agreement

Preferred aggregate purchase price $8.0 million Total purchase price authorized for Series B preferred stock and accompanying warrants

Cash dividend per share $0.05 per share One-time cash dividend on common stock payable August 3, 2026

Dividend record date July 22, 2026 Stockholders of record on this date are entitled to the $0.05 dividend

Dividend payment date August 3, 2026 Scheduled payment date for the one-time cash dividend

Buyback share limit 10,000,000 shares Maximum common shares that may be repurchased, subject to 50% outstanding cap

Buyback dollar cap $20,000,000 Aggregate purchase price limit for stock repurchases under the plan

Buyback plan end date July 7, 2027 Date through which the stock repurchase plan may operate

Key Terms

Securities Purchase Agreement, Series B convertible preferred stock, Required Holders, Limited Waiver and Consent Agreement, +2 more

6 terms

Securities Purchase Agreement financial

"SRX Global Inc. ... entered into a Securities Purchase Agreement with certain accredited investors"

A securities purchase agreement is a written contract between a buyer and a seller outlining the terms for buying or selling financial assets such as stocks or bonds. It specifies details like the price, quantity, and conditions of the transaction, similar to a shopping list with agreed-upon terms. For investors, it provides clarity and legal protection when transferring ownership of these financial instruments.

Series B convertible preferred stock financial

"up to 10,000 shares of the Company’s Series B convertible preferred stock"

Series B convertible preferred stock is a class of shares sold during a later-stage private financing that combines features of a loan and common stock: it usually pays priority dividends or has a priority claim if the company is sold, and it can be converted into common shares under predefined rules. Investors care because these shares affect ownership stakes and payout order—like having a reserved place in line and a ticket that can turn into regular ownership—so they influence potential returns and dilution for other shareholders.

Required Holders financial

"the Company and the Required Holders ... entered into a Limited Waiver and Consent Agreement"

Limited Waiver and Consent Agreement financial

"entered into a Limited Waiver and Consent Agreement (the “Waiver”)"

stock repurchase plan financial

"entering into a stock repurchase plan under which the Company may repurchase"

A stock repurchase plan is a company’s program to buy back its own shares from the market, reducing the number of shares available to investors. Like a store buying back its own gift cards to raise the value of remaining cards, buybacks can increase each remaining share’s claim on profits and often signal management believes the stock is undervalued or is an efficient way to return cash, which can affect share price and investor returns.

one-time cash dividend financial

"declaring and paying, on August 3, 2026, a one-time cash dividend of $0.05 per share"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What capital return actions did SRX Global (SRXH) approve?

SRX Global obtained holder consent to pay a $0.05 per-share one-time cash dividend and to implement a stock repurchase plan authorizing buybacks of up to 10,000,000 common shares or 50% of shares outstanding, capped at $20,000,000 through July 7, 2027.

What are the key dates for SRX Global (SRXH)’s cash dividend?

The company plans a one-time cash dividend of $0.05 per common share, payable on August 3, 2026. Stockholders must be of record at the close of business on July 22, 2026 to be eligible to receive this dividend.

How large is SRX Global (SRXH)’s authorized stock repurchase plan?

SRX Global may repurchase up to the lesser of 10,000,000 common shares or 50% of its issued and outstanding common stock, with total buybacks limited to an aggregate purchase price of $20,000,000 through July 7, 2027.

What is the relationship between SRX Global (SRXH)’s Waiver and its prior financing?

The Waiver is granted by Required Holders under an existing Securities Purchase Agreement that allows purchases of up to 10,000 Series B preferred shares for up to $8.0 million. The Waiver permits the new dividend and buyback actions under that framework.

What type of securities are involved in SRX Global (SRXH)’s earlier financing?

The earlier financing involves up to 10,000 shares of Series B convertible preferred stock, with an aggregate purchase price of up to $8.0 million, and accompanying warrants to purchase shares of SRX Global’s common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Understanding 8-K Material Events →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 07/21/2026 - 04:07 PM Learn about SEC filing dates

false 0001471727 0001471727 2026-07-17 2026-07-17 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): July 17, 2026

SRX Global Inc.

(Exact name of Registrant as Specified in its Charter)

Delaware		001-40477		83-4284557
(State or other Jurisdiction of Incorporation)		(Commission File Number)		(IRS Employer Identification No.)

801 US Highway 1

North Palm Beach, Florida 33408

(Address of Principal Executive Offices) (Zip Code)

(Registrant’s Telephone Number, Including Area Code): (212) 896-1254

N/A

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $0.001 par value share		SRXH		NYSE American

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01. Entry into a Material Definitive Agreement.

As previously disclosed, on March 16, 2026, SRX Global Inc., a Delaware corporation (the “Company”), entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with certain accredited investors named therein. Pursuant to the Securities Purchase Agreement, up to 10,000 shares of the Company’s Series B convertible preferred stock, par value $0.001 per share (the “Series B Preferred Stock”) and accompanying warrants (“Warrants”) to purchase shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”) may be purchased for an aggregate purchase price of up to $8.0 million in one or more closings (each a “Closing”).

On July 17, 2026, the Company and the Required Holders, as defined in the Securities Purchase Agreement, entered into a Limited Waiver and Consent Agreement (the “Waiver”), pursuant to which the Required Holders consented to, and waived certain rights in connection with, the Company’s (i) declaring and paying, on August 3, 2026, a one-time cash dividend of $0.05 per share on Common Stock outstanding to stockholders of record at the close of business on July 22, 2026; and (ii) entering into a stock repurchase plan under which the Company may repurchase up to the lesser of (x) 10,000,000 shares of Common Stock, or (y) 50% of the issued and outstanding Common Stock at any given time, for an aggregate purchase price not to exceed $20,000,000, during the period ending July 7, 2027.

The foregoing description of the terms and conditions of the Waiver does not purport to be complete and is qualified in its entirety by the full text of the form of Waiver, which is filed as an exhibit thereto.

Item 9.01. Exhibits.

(d) Exhibits.

Exhibits		Description
10.1		Form of Waiver.
104		Cover Page Interactive Data File (Embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	SRX Global Inc.
	By:	/s/ Carolina Martinez
	Name:	Carolina Martinez
	Title:	Chief Financial Officer

July 21, 2026

Filing Exhibits & Attachments

4 documents

Agreements & Contracts

• EX-10.1 EX-10.1 22.0 KB

Other Documents

• EX-101 XBRL SCHEMA FILE 3.0 KB
• EX-101 XBRL LABEL FILE 33.4 KB
• EX-101 XBRL PRESENTATION FILE 21.8 KB