SCNX updates S-3 ATM with Maxim; $9.59M capacity remaining
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Scienture Holdings (SCNX) filed a prospectus supplement increasing the amount it may sell under its Form S-3, General Instruction I.B.6, and its equity distribution agreement with Maxim Group LLC to an aggregate offering price of up to $9,592,009.
The company reports it has sold approximately $13,252,250 in gross proceeds of securities under I.B.6 during the prior 12 months. The prospectus supplement states that $9,592,009 remains available to be sold. This notice is not an offer to sell or a solicitation to buy, and any sales would relate to the company’s common stock, par value $0.00001 per share, on permitted terms and in compliant jurisdictions.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
FAQ
What did Scienture Holdings (SCNX) announce in its 8-K?
The company filed a prospectus supplement increasing the amount it may sell under its S-3 ATM with Maxim Group to an aggregate offering price of up to $9,592,009.
How much capacity remains available for SCNX to sell under the ATM?
The prospectus supplement states that $9,592,009 remains available to be sold under General Instruction I.B.6.
How much has SCNX sold in the prior 12 months under I.B.6?
The company reports approximately $13,252,250 in gross proceeds of securities sold during the prior 12 months under I.B.6.
Which counterparty is named in the equity distribution agreement?
The equity distribution agreement is with Maxim Group LLC, dated September 19, 2025.
What securities are referenced for potential sale by SCNX?
The filing refers to the company’s common stock, par value $0.00001 per share.
Does this filing constitute an offer to sell SCNX securities?
No. The notice states it is not an offer to sell or the solicitation of an offer to buy.