Scienture Holdings, Inc. (Nasdaq: SCNX) announced a securities purchase agreement with institutional investors.
The company is set to offer 3,225,000 shares of common stock at $1.20 per share in a registered direct offering.
Maxim Group LLC is the sole placement agent for this offering.
Shares Purchased
3,225,000 shares of common stock at $1.20 per share
Placement Agent
Maxim Group LLC is the sole placement agent for the offering
Registration Statement
Offering made pursuant to effective shelf registration statement on Form S-3 (File No. 333-289198)
- Scienture Holdings, Inc. has raised approximately $3.9 million through the offering, demonstrating investor confidence in the company's potential.
- The successful completion of this offering indicates positive market reception towards Scienture Holdings, Inc.'s strategic initiatives and growth prospects.
Scienture Holdings, Inc. has successfully entered into a securities purchase agreement with institutional investors, positioning itself for future growth and development in the pharmaceutical sector.