{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-047804","form_type":"8-K","ticker":"SCNX","cik":"0001382574","company_name":"Scienture Holdings, Inc.","filed_at":"2024-11-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.303212+00:00","generated_at":"2026-05-29T17:43:59.342087+00:00","sec_items":["1.01","2.03","3.02","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Scienture secures $3M first tranche of convertible debentures and $50M ELOC","bullets":["First closing on Nov 25, 2024: $3,333,333 principal of 10% OID secured convertible debentures issued for $3,000,000.","Up to $12,222,222 total principal in three tranches; conversion price at 92.5% of lowest 5-day VWAP.","Entered $50M equity line of credit with Arena Business Solutions, 36-month term, 96% of VWAP pricing.","Issued 55,000 commitment shares at first closing; additional shares due for future tranches and ELOC.","Dawson James acted as sole placement agent; 7% fee on gross proceeds, expenses up to $100,000."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-047804","json":"https://secwatch.observer/filing/0001493152-24-047804.json","markdown":"https://secwatch.observer/filing/0001493152-24-047804.md","text":"https://secwatch.observer/filing/0001493152-24-047804.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1382574/000149315224047804/0001493152-24-047804-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1382574/000149315224047804/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T17:43:59.342087+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}