other material
confidence high
sentiment neutral
materiality 0.55
Scienture sets 1-for-25 reverse split effective Oct 5 to regain Nasdaq $1.00 bid compliance
Scienture Holdings, Inc.
- Board unanimously approved the 1-for-25 reverse split on Sept 17, 2026; Certificate of Amendment effective 12:01 a.m. ET on Oct 5, 2026.
- Shares outstanding drop from 41,064,146 to approximately 1,642,565; ticker remains SCNX and new CUSIP is 80880X203.
- Stated purpose: regain compliance with Nasdaq's $1.00 minimum bid price listing rule and make additional shares available for future issuance.
- No fractional shares issued; holders entitled to fractions receive cash in lieu. Options, warrants and convertibles adjusted by dividing share counts by 25 and multiplying exercise prices by 25.
- Par value of $0.00001 and total authorized share count unchanged; stockholder percentage ownership and voting power essentially unchanged.