---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-22-002369"
form_type: "8-K"
ticker: "SCND"
cik: "0000087802"
company_name: "SCIENTIFIC INDUSTRIES INC"
filed_at: "2022-03-02T23:59:59+00:00"
generated_at: "2026-06-27T02:40:55.863458+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001654954-22-002369
- form_type: 8-K
- ticker: SCND
- cik: 0000087802
- company_name: SCIENTIFIC INDUSTRIES INC
- filed_at: 2022-03-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/87802/000165495422002369/0001654954-22-002369-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/87802/000165495422002369/a8k_2022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-22-002369
- JSON: https://secwatch.observer/filing/0001654954-22-002369.json
- Plain text: https://secwatch.observer/filing/0001654954-22-002369.txt

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