{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-25-009352","form_type":"8-K","ticker":"SCND","cik":"0000087802","company_name":"SCIENTIFIC INDUSTRIES INC","filed_at":"2025-08-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.549818+00:00","generated_at":"2026-05-17T15:58:22.806359+00:00","sec_items":["1.01","2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Scientific Industries sells Genie Division for $9.6M plus up to $1.5M earn-out","bullets":["Sold substantially all Genie Division assets (benchtop lab equipment) to Troemner, LLC for $9.6M base plus up to $1.5M earn-out.","Company will continue operating its Torbal Division from Bohemia, NY.","Earn-out includes up to $1.14M tied to supply and transition services under separate agreements.","Supply agreement: at least 6 months initial, renewable up to 12 months.","Transaction closed on August 7, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-25-009352","json":"https://secwatch.observer/filing/0001654954-25-009352.json","markdown":"https://secwatch.observer/filing/0001654954-25-009352.md","text":"https://secwatch.observer/filing/0001654954-25-009352.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/87802/000165495425009352/0001654954-25-009352-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/87802/000165495425009352/scnd_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T15:58:22.806359+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"04476e6a20e7bb20a52dc1d8e5b60e00b8b8d723","claim":"SCIENTIFIC INDUSTRIES INC completed a disposition involving Troemner, LLC for $9,600,000 minus certain working capital adjustments, plus an earn-out of up to an aggregate of $1,500,000 (closed 2025-08-07).","evidence_excerpt":"Benchtop Laboratory Equipment consisting primarily of the Genie line of products and related fixed assets, inventory, and intellectual property. The purchase price consisted of $9,600,000 minus certain working capital adjustments, plus an earn-out of up to an aggregate of $1,500,000, of which $1,140,000 is payable on the Company’s performance of certain supply and","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/87802/000165495425009352/0001654954-25-009352-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Troemner, LLC"},{"label":"Consideration","value":"$9,600,000 minus certain working capital adjustments, plus an earn-out of up to an aggregate of $1,500,000"},{"label":"Closing","value":"2025-08-07"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}