---
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"
generated_at: "2026-05-29T17:43:59.342087+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Scienture secures $3M first tranche of convertible debentures and $50M ELOC

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-047804
- JSON: https://secwatch.observer/filing/0001493152-24-047804.json
- Plain text: https://secwatch.observer/filing/0001493152-24-047804.txt

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