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 before deducting fees and expenses.
Offering Details
3,225,000 shares of common stock to be purchased at $1.20 per share.
Proceeds
Gross proceeds expected to be around $3.9 million.
Closing Date
The offering is expected to close on August 15, 2025, subject to customary conditions.
- The institutional purchase agreement signifies investor confidence in Scienture Holdings.
- The gross proceeds indicate significant financial influx for the company.
The securities purchase agreement marks a notable milestone for Scienture Holdings, showcasing investor interest and financial growth opportunities.