−Removed: have been no material changes from the risk factors previously disclosed in Part I, Item 1A of the Company’s Annual Report on Form
−Removed: 10-K for the year ended December 31, 2023, filed with the SEC on April 22, 2024 (the “Form 10-K”), in each case under the
−Removed: heading “Risk Factors”, except for the risks inherent in the assets and operations of Scienture that pertain to the Company
−Removed: after the completion of the merger transaction completed in July 2024 and as set forth below, and investors should review the risks provided
−Removed: in the Form 10-K, Form 10-Q and below, prior to making an investment in the Company.
−Removed: The business, financial condition and operating
−Removed: results of the Company can be affected by a number of factors, whether currently known or unknown, including but not limited to those
−Removed: described in the Form 10-K and the Form 10-Q and below, any one or more of which could, directly or indirectly, cause the Company’s
−Removed: actual financial condition and operating results to vary materially from past, or from anticipated future, financial condition and operating
+Added: as set forth below, there have been no material changes from the risk factors previously disclosed in Part I, Item 1A of the
+Added: Company’s Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on March 26, 2025 (the
+Added: “Form 10-K”).
+Added: Investors should review the risks disclosed in the Form 10-K and in this Quarterly Report on Form 10-Q, prior to making an investment in the Company.
+Added: The business, financial condition and operating results of the Company can be
+Added: affected by a number of factors, whether currently known or unknown, including but not limited to those described in the Form 10-K
+Added: and this Quarterly Report on Form 10-Q, any one or more of which could, directly or indirectly, cause the Company’s actual financial
+Added: condition and operating results to vary materially from past, or from anticipated future, financial condition and operating results.
Any of these factors, in whole or in part, could materially and adversely affect the Company’s business, financial condition,
operating results and stock price.
−Removed: Company’s stockholders may not realize a benefit from the merger commensurate with the ownership dilution they will experience
−Removed: in connection with the merger.
−Removed: Company and Scienture completed a merger transaction on July 25, 2024 as generally described in this report (and other reports and filings
−Removed: we have filed with the SEC), and, if the combined company is unable to realize the full strategic and financial benefits currently anticipated
+Added: Company’s stockholders may not realize a benefit from the Company’s acquisition of its existing subsidiary, Scienture, LLC, commensurate with the ownership dilution stockholders have experienced
+Added: in connection with such acquisition.
+Added: As previously disclosed, the
+Added: Company and Scienture completed a merger transaction on July 25, 2024.
+Added: If the combined company is unable to realize the full strategic and financial benefits currently anticipated
from the merger, the Company’s stockholders will have experienced dilution of their ownership interests in the Company without
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.