Bridge funding

Search documents
Scienture Holdings, Inc. Obtains $1.2 Million in Bridge Funding
GlobeNewswire News Roomยท 2025-07-24 21:12
Core Viewpoint - Scienture Holdings, Inc. has announced a bridge funding raise of up to $3 million, with approximately $1.2 million already secured, aimed at supporting upcoming product launches and pipeline development efforts [1][2]. Group 1: Funding Details - The bridge funding will not include any dilutive securities such as warrants or options, indicating strong investor confidence in the company's strategy [2]. - The capital raised will be allocated to support the commercial launches of products and development of the pipeline program [2]. Group 2: Management Commentary - The Executive Chairman emphasized the importance of obtaining funding on favorable terms, highlighting investor belief in the company's mission and future prospects [3]. - The Co-Chief Executive Officer expressed excitement over the recognition from sophisticated investors regarding the company's growth potential and mission [3]. Group 3: Company Overview - Scienture Holdings, Inc. operates as a holding company for pharmaceutical entities focused on developing and distributing specialty products to meet unmet market needs [1][4]. - The company, through its subsidiary Scienture, LLC, aims to provide enhanced value to patients and healthcare systems with a diverse range of therapeutic products [4].