Scienture Holdings, Inc. has entered into a securities purchase agreement with institutional investors to purchase 3,225,000 shares of common stock at an offering price of $1.20 per share.
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 is expected to close on August 15, 2025, subject to customary closing conditions.
Offering Details
3,225,000 shares of common stock at $1.20 per share with expected gross proceeds of $3.9 million.
Closing Date
The offering is set to close on August 15, 2025.
Placement Agent
Maxim Group LLC is acting as the sole placement agent for the offering.
- The offering is made pursuant to an effective shelf registration statement on Form S-3 filed with the SEC.
- Maxim Group LLC's involvement enhances the credibility and efficiency of the offering process.
The agreement represents a significant step for Scienture Holdings, Inc. in securing funding for its operations and growth plans.