---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-21-007818"
form_type: "8-K/A"
ticker: "SCND"
cik: "0000087802"
company_name: "SCIENTIFIC INDUSTRIES INC"
filed_at: "2021-07-12T23:59:59+00:00"
generated_at: "2026-06-30T06:15:07.835687+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Scientific Industries provides pro forma financials for $7.9M aquila biolabs acquisition

## Summary
- Total consideration of €6.5M ($7.9M) for all outstanding shares of aquila biolabs GmbH, a German bioprocessing company.
- Pro forma net loss for nine months ended March 31, 2021: $2.6M, vs Scientific's historical loss of $1.7M.
- Pro forma net loss for year ended June 30, 2020: $1.65M, vs Scientific's historical loss of $0.7M.
- Goodwill of $3.85M and intangibles of $2.52M recorded; amortization will impact future results.
- Acquisition funded by sale of ~1.6M shares and warrants at $4.75/share, raising $7.58M.

## SEC filing metadata
- accession: 0001654954-21-007818
- form_type: 8-K/A
- ticker: SCND
- cik: 0000087802
- company_name: SCIENTIFIC INDUSTRIES INC
- filed_at: 2021-07-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/87802/000165495421007818/0001654954-21-007818-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/87802/000165495421007818/form8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-21-007818
- JSON: https://secwatch.observer/filing/0001654954-21-007818.json
- Plain text: https://secwatch.observer/filing/0001654954-21-007818.txt

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