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, made pursuant to an effective shelf registration statement on Form S-3, is expected to close on August 15, 2025, subject to customary closing conditions.
Offer Details
3,225,000 shares of common stock at $1.20 per share
Gross Proceeds
Approximately $3.9 million before expenses
Placement Agent
Maxim Group LLC as sole placement agent
- The offering provides Scienture Holdings, Inc. with substantial funds for future endeavors.
- The successful completion of the offering enhances the Company's financial position and liquidity.
The securities purchase agreement marks a significant milestone for Scienture Holdings, Inc. by securing necessary capital for its growth and development.