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CFO exits Scienture Holdings (SCNX) as Co-CEO Narasimhan Mani takes Interim CFO role

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Scienture Holdings, Inc. reported that its Chief Financial Officer, Eric Sherb, resigned effective May 26, 2026. He informed the company that he was leaving for personal reasons and that his decision was not related to any dispute or disagreement with management or the board.

On the same date, the company appointed Dr. Narasimhan Mani, age 51, as Interim Chief Financial Officer. Dr. Mani already serves as Co-Chief Executive Officer, President, and a director, and has been overseeing operations including financial planning, revenue and expense management, and financial reporting.

The disclosure highlights Dr. Mani’s more than 25 years of pharmaceutical industry experience, his prior senior roles at several life sciences companies, and his advanced degrees including an MBA in Finance and Marketing from Columbia Business School. His service as Interim CFO will continue under his existing employment agreement previously filed with the SEC.

Positive

  • None.

Negative

  • None.

Insights

CFO change is notable but framed as a personal, non-dispute departure.

The company reports the CFO’s resignation for personal reasons and explicitly states it is not due to disagreements with management or the board. That language aims to reduce concerns about internal conflicts or accounting-related issues, which investors often scrutinize in such changes.

Appointing existing Co-CEO and President Dr. Narasimhan Mani as Interim CFO concentrates leadership roles but uses an executive already involved in financial operations. His background across finance, strategy, and pharmaceutical operations may support continuity while the company evaluates longer-term finance leadership, though future filings would clarify any permanent structure.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Effective date of CFO resignation May 26, 2026 Eric Sherb stepped down as Chief Financial Officer
Age of Interim CFO 51 years Age of Dr. Narasimhan Mani when appointed Interim CFO
Award year 2021 Year Dr. Mani received Outstanding 50 Asian Americans in Business Award
Interim Chief Financial Officer financial
"appointed Dr. Narasimhan Mani (age 51) to serve as the Company’s Interim Chief Financial Officer"
An interim chief financial officer is a temporary leader responsible for managing a company's financial activities, such as budgeting, financial planning, and reporting, during a transitional period. Think of it as filling in for a key manager until a permanent replacement is found. For investors, this role is important because it ensures financial stability and clear guidance during times of change or uncertainty.
Item 5.02 regulatory
"Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers"
Regulation S-K regulatory
"transaction that would require disclosure under Item 404(a) of Regulation S-K"
A set of U.S. Securities and Exchange Commission rules that tell public companies which narrative and qualitative details must be disclosed in filings, such as risk factors, management discussion, executive pay, legal proceedings and business description. Think of it as a standardized checklist or blueprint that ensures investors get the same types of background information from every company so they can compare risks, management quality and strategy before making investment decisions.
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 OR 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): May 26, 2026

 

SCIENTURE HOLDINGS, INC.

(Exact Name of Registrant as Specified in Its Charter)

 

Delaware   001-39199   46-3673928
(State or other jurisdiction   (Commission   (I.R.S. Employer
of incorporation)   File No.)   Identification No.)

 

20 Austin Blvd.

Commack, NY 11725

(Address of Principal Executive Offices)

 

(631) 670-6039

(Registrant’s Telephone Number)

 

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common stock, par value $0.00001 per share   SCNX   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 
 

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

Resignation of Eric Sherb

 

On May 26, 2026, Eric Sherb, the Chief Financial Officer (“CFO”) of Scienture Holdings, Inc. (the “Company”), formally resigned his position as CFO and advised the Company that his resignation was due to personal reasons and not a result of any dispute or disagreement with the Company, its management, or its board of directors.

 

Appointment of Dr. Narasimhan Mani as Interim Chief Financial Officer

 

In connection with Mr. Sherb’s resignation, the Company appointed Dr. Narasimhan Mani (age 51) to serve as the Company’s Interim Chief Financial Officer (“Interim CFO”) effective as of May 26, 2026. Dr. Mani has served as a director and the Co-Chief Executive Officer and President of the Company since May 2025. In these roles, Dr. Mani has, among others, led, managed, and overseen the Company’s operations, including its financial operations such as revenue and expense management, financial planning and analysis, and financial reporting.

 

There are no arrangements or understandings between Dr. Mani and any other person pursuant to which he was selected as Interim CFO of the company, and there are no family relationships between Dr. Mani and any of the Company’s directors or executive officers. Dr. Mani has no direct or indirect material interest in any existing or currently proposed transaction that would require disclosure under Item 404(a) of Regulation S-K.

 

Dr. Mani is an experienced healthcare professional, having been employed in the pharmaceutical industry for over 25 years with many of those in senior management positions. In addition to Dr. Mani’s technical pharmaceutical experience, he has served in various financial-focused roles for life sciences companies and holds an MBA in Finance and Marketing from Columbia Business School. Prior to joining the Company, Dr. Mani served as the President and Chief Executive Officer for Kesin Pharma Corporation, a specialty pharma company with a focus on commercializing specialty and brand products. His past roles include serving as the Chief Executive Officer of Xiromed LLC, a generics and specialty drug product company and as the Vice President, Global Corporate Strategy and Business Development, at Amneal Pharmaceuticals where he led all the company’s strategic initiatives across Global Strategy, Portfolio Management, Business Development, and Commercial Operations. His previous experiences also include being the Corporate Finance and Strategic Planning Leader at Johnson & Johnson in New Brunswick, New Jersey, in the pharmaceutical and medical device sectors. He also worked as a Research Scientist and Product Development leader during his time at Forest Laboratories and Par Pharmaceuticals. He is an invited member of the Executives-in-Residence at New Rhein Healthcare Investors, a life-sciences focused private equity firm, and serves on the board of directors at Corsair Pharma, Inc., one of their portfolio companies. Dr. Mani’s journey in the pharmaceutical and healthcare space began with his B.Pharm (Hons.) from BITS, Pilani, India which he completed in 1995. His subsequent graduate degrees include M.S. Analytical Chemistry, from the University of Oklahoma, Norman in 1998, Ph.D. in Pharmaceutics, from the University of Georgia, Athens in 2003 and his MBA in Finance and Marketing, from Columbia Business School, New York, NY in 2008. Dr. Mani is also the recipient of the 2021 Outstanding 50 Asian Americans in Business Award in September 2021.

 

Ultimately, the Company believes that Dr. Mani is qualified to serve as Interim CFO because of his relevant educational experience and his extensive executive leadership and strategic planning experience in the pharmaceutical and healthcare industries—including his background in performing and overseeing all aspects of financial operations for pharmaceutical companies. Dr. Mani’s employment with the Company will continue to be subject to his existing employment agreement, as amended, as previously disclosed in the Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission on October 24, 2025.

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  SCIENTURE HOLDINGS, INC.
     
  By: /s/ Shankar Hariharan
    Shankar Hariharan
    Executive Chairman and Co-Chief Executive Officer
Date: May 29, 2026    

 

 

FAQ

Why did Scienture Holdings (SCNX) CFO Eric Sherb resign?

Eric Sherb resigned as Chief Financial Officer of Scienture Holdings for personal reasons. The company states his resignation was not due to any dispute or disagreement with the company, its management, or its board of directors, aiming to address concerns about internal conflicts.

Who is the new Interim CFO of Scienture Holdings (SCNX)?

Scienture Holdings appointed Dr. Narasimhan Mani as Interim Chief Financial Officer effective May 26, 2026. He already serves as Co-Chief Executive Officer, President, and director, and has been overseeing operations including financial planning, revenue and expense management, and financial reporting for the company.

What is Dr. Narasimhan Mani’s background relevant to the Scienture Holdings (SCNX) Interim CFO role?

Dr. Mani has over 25 years in the pharmaceutical industry, including senior roles at Kesin Pharma, Xiromed, and Amneal Pharmaceuticals. He has led finance-focused functions and holds an MBA in Finance and Marketing from Columbia Business School, alongside multiple science degrees in pharmacy and pharmaceutics.

Filing Exhibits & Attachments

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