Scienture Holdings, Inc. (Nasdaq: SCNX) has entered into a securities purchase agreement with institutional investors for the purchase of 3,225,000 shares of common stock.
The offering price is set at $1.20 per share, with expected gross proceeds of approximately $3.9 million before expenses.
The offering is part of a registered direct offering and is expected to close on August 15, 2025, subject to customary closing conditions.
Shares Purchase Agreement
3,225,000 shares of common stock to be purchased by institutional investors.
Offering Price
Each share priced at $1.20, aiming for $3.9 million gross proceeds.
Closing Date
Expected closure on August 15, 2025, subject to standard closing conditions.
- The offering aims to raise capital for Scienture Holdings and support its strategic initiatives.
- Maxim Group LLC will serve as the sole placement agent for this transaction.
This securities purchase agreement represents a significant step for Scienture Holdings in securing capital for its operations and expansion.