Scientific Industries raises $1.0M in private placement of common stock and warrants

SCIENTIFIC INDUSTRIES INC

Sold 503,536 Units (common stock and warrants) on Dec 19-20, 2023 for total consideration of $1,007,072.
Existing investors received replacement warrants with reduced exercise price of $2.50 and five-year extension.
Placement agent to receive warrants to purchase 25,177 shares of common stock at $2.00 per share.
Net proceeds will be used for working capital needs of the Bioprocessing Systems Operations.

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.