Jaguar Health Sets Ex-Dividend Date and Due Bill Trading Details for Special Preferred Stock Dividend
Jaguar Health, Inc. (NASDAQ:JAGX) disclosed updated details regarding its special stock dividend of Series R Convertible Preferred Stock. Payable on October 15, 2026, to stockholders and warrant holders of record as of October 13, 2026, the dividend will have an ex-dividend date of October 16, 2026, as established by Nasdaq. Shares sold between October 13 and October 16 will trade with due bills, meaning the right to receive the preferred stock dividend transfers to the buyer. Jaguar stock closed at $4.18, up 0.48% on the day.
The company structured the special stock dividend to reward existing investors and guard against potential stock dilution while management reviews strategic alternatives. Brokers will handle the settlement of due bill obligations directly, with no processing responsibilities falling on Jaguar.
Investors should monitor Jaguar's development pipeline for its plant-derived drug candidate, crofelemer. The company is advancing the treatment for rare intestinal failure disorders and plans to submit a New Drug Application for microvillus inclusion disease in mid-2027.
Key points
- Jaguar Health announced an ex-dividend date of October 16, 2026, for its Series R Convertible Preferred Stock dividend.
- The dividend was payable on October 15, 2026, for shareholders and eligible warrant holders of record on October 13, 2026.
- Common shares trade with due bills from October 13 through October 16, transferring dividend rights to stock buyers.
- The special stock dividend aims to provide dilution protection while Jaguar Health evaluates strategic alternatives.
- The company plans to submit a New Drug Application for crofelemer to treat microvillus inclusion disease in mid-2027.
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What is the ex-dividend date for Jaguar Health's special dividend?
The ex-dividend date for Jaguar Health's special preferred stock dividend is October 16, 2026. Shares traded between October 13 and October 16 carry due bills that transfer the dividend right to the stock buyer.
Why is Jaguar Health issuing a special stock dividend?
Jaguar Health is issuing Series R Convertible Preferred Stock as a special dividend to reward stockholders and provide protection against potential share dilution as the company continues evaluating strategic alternatives.
When will Jaguar Health file its NDA for crofelemer?
Jaguar Health plans to submit a New Drug Application for oral crofelemer for microvillus inclusion disease in mid-2027.