Scienture Holdings Inc. has amended its existing loan agreement with NVK Finance LLC, extending the loan's maturity date to December 8, 2025, and securing a waiver for any existing events of default. As part of the amendment, Scienture agreed to pay NVK a $25,000 maturity extension fee and issue 250,000 shares of common stock. The company has since fully repaid all amounts due under the NVK loan. Additionally, Scienture entered into a new note purchase agreement with Streeterville Capital, LLC, issuing a senior secured promissory note with a principal amount of $3,911,111.11. After fees and an original issue discount, Scienture received $3.5 million in net proceeds, which were used to repay the NVK loan and will also support working capital, debt repayment, capital expenditures, product development, and other corporate purposes. Maxim Group LLC acted as placement agent for the transaction.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scienture Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-018332), on October 16, 2025, and is solely responsible for the information contained therein.
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