Full Press Release Details
NY, Aug. 14, 2025 (GLOBE NEWSWIRE) - Scienture Holdings, Inc. (Nasdaq: SCNX) ("Scienture" or the "Company"),
a holding company for existing and planned pharmaceutical operating companies focused on providing enhanced value to patients, physicians
and caregivers through developing, bringing to market, and distributing novel specialty products to satisfy unmet market needs, today
announced that it has entered into a securities purchase agreement with certain institutional investors to purchase 3,225,000 shares
of common stock at an offering price of $1.20 per share, in a registered direct offering. The gross proceeds for the offering are expected
to be approximately $3.9 million before deducting placement agent fees and other offering expenses. This offering is expected to close
on August 15, 2025, subject to customary closing conditions.
Group LLC is acting as sole placement agent in connection with the offering.
offering is being made pursuant to an effective shelf registration statement on Form S-3 (File No. 333-289198), previously filed with
the U.S. Securities and Exchange Commission (the "SEC") on August 1, 2025, and declared effective on August 8, 2025. The
shares may be offered only by means of a prospectus. A prospectus supplement and an accompanying prospectus relating to the offering
will be filed with the SEC and will be available on the SEC's website at www.sec.gov. When available, copies of the prospectus
supplement and accompanying prospectus, relating to the offering may also be obtained by contacting Maxim Group LLC, at 300 Park Avenue,
16th Floor, New York, NY 10022, Attention: Prospectus Department, or by telephone at (212) 895-3745 or by email at syndicate@maximgrp.com.
press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale
of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration
or qualification under the securities laws of any such state or other jurisdiction.
Scienture Holdings, Inc.
HOLDINGS, INC. (NASDAQ: SCNX), through its wholly owned subsidiary, Scienture, LLC, is a comprehensive pharmaceutical product company
focused on providing enhanced value to patients, physicians and caregivers by offering novel specialty products to satisfy unmet market
needs. Scienture, LLC is a branded, specialty pharmaceutical company consisting of a highly experienced team of industry professionals
who are passionate about developing and bringing to market unique specialty products that provide enhanced value to patients and healthcare
systems. The assets in development at Scienture are across therapeutics areas, indications and cater to different market segments and
more information please visit www.scienture.com.
press release contains certain statements that may be deemed to be "forward-looking statements" within the federal securities
laws, including the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Statements that are not historical
are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. Forward-looking statements relate to future events or our future performance or future financial condition. These forward-looking
statements are not historical facts, but rather are based on current expectations, estimates and projections about our company, our industry,
our beliefs and our assumptions. Such forward-looking statements include, but are not limited to, statements regarding our or our management
team's expectations, hopes, beliefs, intentions or strategies regarding the future, including for the products we may launch and
the success those products may have in the marketplace. In addition, any statements that refer to projections, forecasts or other characterizations
of future events or circumstances, including any underlying assumptions, are forward-looking statements. In some cases, you can identify
forward-looking statements by the following words: "anticipate," "believe," "continue," "could,"
"estimate," "expect," "intend," "may," "ongoing," "plan," "potential,"
"predict," "project," "should," "seek," or the negative of these terms or other similar
expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are subject
to a number of risks and uncertainties (some of which are beyond our control) that may cause actual results or performance to be materially
different from those expressed or implied by such forward-looking statements. Accordingly, readers should not place undue reliance on
any forward-looking statements. These risks include the Company's ability to satisfy closing conditions for the registered direct
offering; risks relating to agreements with third parties; our ability to raise funding in the future, as needed, and the terms of such
funding, including potential dilution caused thereby; our ability to continue as a going concern; security interests under certain of
our credit arrangements; our ability to maintain the listing of our common stock on the Nasdaq Capital Market; claims relating to alleged
violations of intellectual property rights of others; the outcome of any current legal proceedings or future legal proceedings that may
be instituted against us; unanticipated difficulties or expenditures relating to our business plan; and those risks detailed in our most
recent Annual Report on Form 10-K and subsequent reports filed with the SEC.
statements speak only as of the date they are made. Scienture Holdings, Inc. undertakes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise that occur after that date, except as otherwise provided