Scientific Industries raises $1.55M through private placement of 1.55M units

SCIENTIFIC INDUSTRIES INC

Sold 1,550,000 units at $1.00 each for total gross proceeds of $1,550,000.
Each unit consists of one share (or pre-funded warrant) and a warrant to buy one share at $1.00.
Warrants are immediately exercisable and expire 6 months from issuance.
Proceeds will fund operations, working capital, and general corporate purposes.
Company agreed to file a resale registration statement within 6 months under Registration Rights Agreement.

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