Scienture Holdings, Inc. announced entering into a securities purchase agreement with institutional investors.
The agreement involves the purchase of 3,225,000 shares of common stock at $1.20 per share.
The gross proceeds from the offering are expected to be approximately $3.9 million.
Offering Details
3,225,000 shares of common stock at $1.20 per share
- The offering is expected to enhance the company's financial position through the gross proceeds of $3.9 million.
- This agreement demonstrates investor confidence in Scienture Holdings, Inc.
The securities purchase agreement signifies a strategic move for Scienture Holdings, Inc. to strengthen its financial capabilities and support its growth initiatives.