Scienture Holdings, Inc. announced entering into a securities purchase agreement with institutional investors to purchase 3,225,000 shares of common stock at $1.20 per share in a registered direct offering.
The gross proceeds for the offering are expected to be approximately $3.9 million before deducting placement agent fees and other offering expenses.
The offering is subject to customary closing conditions and is expected to close on August 15, 2025.
Offering Details
3,225,000 shares of common stock at $1.20 per share in a registered direct offering.
Gross Proceeds
Approximately $3.9 million expected before deductions.
Closing Date
Expected to close on August 15, 2025.
- The offering is being made pursuant to an effective shelf registration statement on Form S-3 filed with the SEC.
- Maxim Group LLC is serving as the sole placement agent for the offering.
Scienture Holdings' securities purchase agreement marks a significant step in raising funds for the company's operations and growth strategies.