Scientific Industries raises $3M via PIPE; sells 549,456 shares + warrants at $5.50/share

SCIENTIFIC INDUSTRIES INC

Sold 549,456 shares of common stock and warrants for 274,727 additional shares at $5.50/share, gross proceeds $3,000,008.
Warrants immediately exercisable at $5.50, expire in 5 years; forced exercise if stock > $11.00 for 30 consecutive days after 12 months.
Company to file registration statement within 90 days for resale of shares and warrant shares.
Net proceeds to be used for working capital needs.
Offering exempt from registration under Section 4(2) of Securities Act; private placement to accredited investors.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.