---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-000662"
form_type: "8-K"
ticker: "SCNX"
cik: "0001382574"
company_name: "Scienture Holdings, Inc."
filed_at: "2023-01-05T23:59:59+00:00"
generated_at: "2026-06-20T19:28:34.685220+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# TRxADE appoints Michael Peterson to board after Charles Pope resigns; 601,740 warrants exercised

## Summary
- Charles L. Pope resigned as director on Jan 3, 2023; no disagreement with company.
- Michael L. Peterson appointed on Jan 4 to fill vacancy; previously served from Aug 2016 to May 2021.
- Peterson to receive $55k/yr board cash, $20k/yr audit chair, 100k RSUs, and $55k options (subject to approval).
- Holder of 601,740 pre-funded warrants (sold Oct 2022) exercised for nominal consideration on Jan 4, 2023.

## SEC filing metadata
- accession: 0001493152-23-000662
- form_type: 8-K
- ticker: SCNX
- cik: 0001382574
- company_name: Scienture Holdings, Inc.
- filed_at: 2023-01-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1382574/000149315223000662/0001493152-23-000662-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1382574/000149315223000662/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-000662
- JSON: https://secwatch.observer/filing/0001493152-23-000662.json
- Plain text: https://secwatch.observer/filing/0001493152-23-000662.txt

## Key facts
- Executive change
  Charles L. Pope resigned as Director at Scienture Holdings, Inc..
  - Action: resigned
  - Role: Director
  source text: On January 3, 2023, Charles L. Pope resigned as a member of the Board of Directors of TRxADE HEALTH, INC.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1382574/000149315223000662/0001493152-23-000662-index.htm
- Executive change
  Michael L. Peterson was appointed as Director at Scienture Holdings, Inc..
  - Action: appointed
  - Role: Director
  source text: On January 4, 2023, the Board of Directors of the Company, with the recommendation of the Nominating and Corporate Governance Committee of the Board of Directors, appointed Mr. Michael L. Peterson as a member of the Board of Directors, with such appointment to take effect immediately, to fill the vacancy left by Mr. Pope’s resignation.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1382574/000149315223000662/0001493152-23-000662-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.