Scienture Holdings, Inc. announced a securities purchase agreement with institutional investors for 3,225,000 shares of common stock at $1.20 per share.
The gross proceeds for the offering are expected to be around $3.9 million before deducting fees and expenses.
The offering is set to close on August 15, 2025, subject to customary closing conditions.
Securities Purchase Agreement
Agreement with institutional investors for 3,225,000 shares of common stock at $1.20 per share.
Gross Proceeds
Expected gross proceeds of approximately $3.9 million before deductions.
Closing Date
Offering expected to close on August 15, 2025.
- The offering is made through a registered direct offering with Maxim Group LLC as the sole placement agent.
- The shares are being offered pursuant to an effective shelf registration statement on Form S-3 filed with the SEC.
- Investors can obtain more information about the offering from the SEC's website or Maxim Group LLC.
The securities purchase agreement marks an important milestone for Scienture Holdings, Inc. as it secures funding through institutional investors for its future endeavors.