{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-018332","form_type":"8-K","ticker":"SCNX","cik":"0001382574","company_name":"Scienture Holdings, Inc.","filed_at":"2025-10-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.268320+00:00","generated_at":"2026-05-17T03:31:35.856445+00:00","sec_items":["1.01","2.03","1.02","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Scienture refinances $2.7M NVK loan with $3.9M Streeterville note, issues 250K shares","bullets":["Entered $3,911,111 senior secured note (net $3.5M) with Streeterville Capital; 9% interest, 7-month term.","Used net proceeds to fully repay NVK Loan balance of $2,656,250 as of Oct 15, 2025.","Issued 250,000 common shares to NVK as consideration for loan extension to Dec 8, 2025.","NVK waived existing events of default; company paid $25K amendment fee plus $25K maturity fee.","New note secured by all company assets and guaranteed by subsidiary Scienture, LLC."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-018332","json":"https://secwatch.observer/filing/0001493152-25-018332.json","markdown":"https://secwatch.observer/filing/0001493152-25-018332.md","text":"https://secwatch.observer/filing/0001493152-25-018332.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1382574/000149315225018332/0001493152-25-018332-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1382574/000149315225018332/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T03:31:35.856445+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":[{"claim_id":"75cf8157aed386faa6ce3a30555fdc1a752c6598","claim":"Scienture Holdings, Inc. incurred senior notes of $3,911,111.11 with Streeterville Capital, LLC at nine percent (9%) per annum maturing seven months following the date of issuance.","evidence_excerpt":"On October 14, 2025, the Company entered into and closed on a note purchase agreement (the “ Purchase Agreement ”) with Streeterville Capital, LLC, (the “ Lender ”), which provided for the issuance of a senior secured promissory note in the principal amount of $3,911,111.11 (the “ Note ”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1382574/000149315225018332/0001493152-25-018332-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$3,911,111.11"},{"label":"Counterparty","value":"Streeterville Capital, LLC"},{"label":"Rate","value":"nine percent (9%) per annum"},{"label":"Maturity","value":"seven months following the date of issuance"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}