debt
confidence high
sentiment neutral
materiality 0.70
Scienture Holdings converts $559K debentures to equity at $2.4861/share, terminates Arena debt
Scienture Holdings, Inc.
- Conversion price of 10% OID secured debentures amended to $2.4861 per share.
- Arena Finance Markets converts $454,647.03; Arena Special Opportunities III converts $104,718.89 into common stock.
- Upon full conversion, all debentures, liens, and transaction documents terminated and released.
- Obligations paid in full except certain registration and purchase agreement obligations.
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