Scientific Industries Announces Closing of $7.0 Million Private Placement [Yahoo! Finance]
SCIENTIFIC INDUSTRIES INC (SCND)
NASDAQ:AMEX Investor Relations:
scientificindustries.com/investor-relations
Company Research
Source: Yahoo! Finance
BOHEMIA, NY / ACCESSWIRE / January 25, 2024 / Scientific Industries, Inc. (OTCQB:SCND), a life sciences tool provider and a developer of digitally simplified bioprocessing products, announced the closing of an approximately $7.0 million private placement financing consisting of an aggregate of 3,500,000 shares of its common stock and accompanying warrants to purchase up to 4,535,000 shares of common stock at a combined effective offering price of $2.00 per unit. The warrants issued in connection with the financing are exercisable at a price of $2.50 per share and are immediately exercisable. The warrants will expire 5 years from the date of issuance. In addition, the Company agreed to amend the terms of certain existing warrants held by certain existing investors that participated in the offering to re-set their exercise price to $2.50 per share and extend their exercisability until 5 years from the date of amendment. The Company intends to use the net proceeds from this offering f
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News
- Scientific Industries Reports Financial Results for First Quarter of Fiscal Year 2024 [Yahoo! Finance]Yahoo! Finance
- Scientific Industries Reports Financial Results for First Quarter of Fiscal Year 2024Accesswire
- Scientific Industries Announces Appointment of Industry Leader Michael Blechman as New Board Member [Yahoo! Finance]Yahoo! Finance
- Scientific Industries Announces Appointment of Industry Leader Michael Blechman as New Board Member Accesswire
- Scientific Industries to Host Full Year 2023 Financial Results Investor Call on April 3, 2024 [Yahoo! Finance]Yahoo! Finance
SCND
Sec Filings
- 5/15/24 - Form 10-Q
- 4/15/24 - Form DEF
- 4/15/24 - Form 8-K
- SCND's page on the SEC website