Jaguar Health exchanges Series Q preferred for $22.7 million royalty interest reduction

Jaguar Animal Health, Inc.

Jaguar Animal Health, Inc.

JAGX

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  • Jaguar Health entered privately negotiated exchange agreements on May 19, 2026 to reduce royalty-interest balances by issuing Series Q Perpetual Preferred Stock to Uptown Capital, formerly Irving Park Capital, and Streeterville Capital.
  • Uptown received 500 Series Q shares in exchange for a USD 12.5 million reduction of the December 2020 royalty interest originally issued in a USD 12 million principal amount.
  • Streeterville received 408 Series Q shares in two exchanges in return for a combined USD 10.2 million reduction of the August 2022 royalty interest originally issued in a USD 12 million principal amount.
  • Each Series Q share has a USD 25,000 stated value, carries no dividends, accrues a 10% annual preferred return payable in additional Series Q shares, and can be exchanged at the company’s option into common stock subject to resale, Nasdaq, and 9.99% ownership limits.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jaguar Health Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-231083), on May 19, 2026, and is solely responsible for the information contained therein.