---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-000793"
form_type: "8-K"
ticker: "SCND"
cik: "0000087802"
company_name: "SCIENTIFIC INDUSTRIES INC"
filed_at: "2024-01-22T23:59:59+00:00"
generated_at: "2026-06-06T20:53:40.589020+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Scientific Industries completes $7M private placement, issues shares and warrants

## Summary
- Final closing of private placement: sold 358,388 Units for $716,776; total offering 3.5M Units for $7M.
- Each Unit consists of one common share and a warrant; aggregate warrants cover 4.535M shares.
- Existing investors received replacement warrants for 333,884 shares; exercise price reduced to $2.50, term extended to Dec 2028.
- Net proceeds to fund working capital for Bioprocessing Systems Operations.
- Placement agent to receive warrants for 17,919 shares at $2.00 per share.

## SEC filing metadata
- accession: 0001654954-24-000793
- form_type: 8-K
- ticker: SCND
- cik: 0000087802
- company_name: SCIENTIFIC INDUSTRIES INC
- filed_at: 2024-01-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/87802/000165495424000793/0001654954-24-000793-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/87802/000165495424000793/scnd_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-000793
- JSON: https://secwatch.observer/filing/0001654954-24-000793.json
- Plain text: https://secwatch.observer/filing/0001654954-24-000793.txt

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