SRX Global Inc. Form 8-K Filing

SRX Global Inc. has entered into a Limited Waiver and Consent Agreement with Required Holders. This agreement allows the company to proceed with a one-time cash dividend of $0.05 per share on its common stock, payable on August 3, 2026, to stockholders of record on July 22, 2026. Additionally, the company is permitted to initiate a stock repurchase plan. Under this plan, SRX Global Inc. may buy back up to 10,000,000 shares of common stock, or 50% of its outstanding shares, whichever is less, for a total cost not exceeding $20,000,000. This repurchase program will be active until July 7, 2027. These actions were previously restricted by the Securities Purchase Agreement and the Certificate of Designations, but the Required Holders have now consented and waived certain rights to permit these transactions.