Scienture Holdings, Inc. (Nasdaq: SCNX) has entered into a securities purchase agreement with institutional investors to purchase 3,225,000 shares of common stock at $1.20 per share.
The gross proceeds for the offering are expected to be approximately $3.9 million before deducting fees and expenses.
The offering is expected to close on August 15, 2025, subject to customary conditions.
Offering Details
Purchase of 3,225,000 shares of common stock at $1.20 per share.
Gross Proceeds
Expected to be around $3.9 million before deductions.
Closing Date
Expected on August 15, 2025, subject to customary conditions.
- Maxim Group LLC is the sole placement agent for the offering.
- The offering is made under an effective shelf registration statement on Form S-3 filed with the SEC.
The securities purchase agreement marks a significant step for Scienture Holdings, Inc. in raising funds for its operations and future initiatives.