---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-021170"
form_type: "8-K"
ticker: "SCNX"
cik: "0001382574"
company_name: "Scienture Holdings, Inc."
filed_at: "2024-05-23T23:59:59+00:00"
generated_at: "2026-06-01T09:07:20.791449+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TRxADE Health still unable to file Q1 10-Q, faces potential Nasdaq compliance issue

## Summary
- Filed Form 12b-25 on May 15, but still unable to file Q1 10-Q for period ended March 31, 2024.
- Non-compliance with Nasdaq Listing Rule 5250(c)(1) for timely periodic financial reports.
- Believes stockholders' equity exceeds $2.5M as of March 31, 2024 due to proceeds from asset sale of Trxade, Inc.
- Company remains under Panel Monitor for equity compliance through August 30, 2024.
- No assurances on timing for filing Form 10-Q; working diligently to regain compliance.

## SEC filing metadata
- accession: 0001493152-24-021170
- form_type: 8-K
- ticker: SCNX
- cik: 0001382574
- company_name: Scienture Holdings, Inc.
- filed_at: 2024-05-23T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1382574/000149315224021170/0001493152-24-021170-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1382574/000149315224021170/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-021170
- JSON: https://secwatch.observer/filing/0001493152-24-021170.json
- Plain text: https://secwatch.observer/filing/0001493152-24-021170.txt

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