secwatch / observer
8-K filed July 31, 2023, 7:59 PM ET ticker SCNX CIK 0001382574
M&A confidence high sentiment positive materiality 0.80

Scienture Holdings, Inc. (SCNX): M&A transaction — TRxADE closes Superlatus acquisition, regains Nasdaq compliance

Scienture Holdings, Inc.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Scienture Holdings, Inc. completed an acquisition involving Superlatus, Inc. for 136,441 shares of common stock of the Company, representing 19.9% of the total issued and outstanding common stock of the Company after the consummation of the (closed 2023-07-31).

Action
acquisition
Counterparty
Superlatus, Inc.
Consideration
136,441 shares of common stock of the Company, representing 19.9% of the total issued and outstanding common stock of the Company after the consummation of the
Closing
2023-07-31
Exact text from the filing
the surviving entity in the Merger. Under the terms of the A&R Merger Agreement, at the closing of the Merger (the “Closing”), shareholders of Superlatus received in aggregate 136,441 shares of common stock of the Company, representing 19.9% of the total issued and outstanding common stock of the Company after the consummation of the Merger and 306,855 shares
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.87

Scienture Holdings, Inc. entered into Amended and Restated Agreement and Plan of Merger with Superlatus, Inc. valued at 136,441 shares of common stock ... and 306,855 shares of Company's Series B Preferred Stock (effective 2023-07-14).

Action
entry
Agreement
merger
Counterparty
Superlatus, Inc.
Value
136,441 shares of common stock ... and 306,855 shares of Company's Series B Preferred Stock
Effective
2023-07-14
Exact text from the filing
on July 14, 2023, TRxADE HEALTH, Inc., a Delaware corporation (the "Company" or "MEDS") entered into a certain Amended and Restated Agreement and Plan of Merger (the "A&R Merger Agreement") with Superlatus, Inc., a U.S.-based holding company of food products and distribution capabilities ("Superlatus") and Foods Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of the Company ("Merger Sub").
View on SEC.gov

31 m&a transactions filed in the last 30 days. Browse all m&a transactions →

Scienture Holdings, Inc. filing history →

Source: SEC EDGAR
accession 0001493152-23-026024
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