−Removed: as set forth below, there have been no material changes from the risk factors previously disclosed in Part I, Item 1A of the
−Removed: Company’s Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on March 26, 2025 (the
−Removed: “Form 10-K”).
−Removed: 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.
−Removed: The business, financial condition and operating results of the Company can be
−Removed: affected by a number of factors, whether currently known or unknown, including but not limited to those described in the Form 10-K
−Removed: and this Quarterly Report on Form 10-Q, any one or more of which could, directly or indirectly, cause the Company’s actual financial
−Removed: condition and operating results to vary materially from past, or from anticipated future, financial condition and operating results.
−Removed: Any of these factors, in whole or in part, could materially and adversely affect the Company’s business, financial condition,
−Removed: operating results and stock price.
−Removed: 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
−Removed: in connection with such acquisition.
−Removed: As previously disclosed, the
−Removed: Company and Scienture completed a merger transaction on July 25, 2024.
−Removed: If the combined company is unable to realize the full strategic and financial benefits currently anticipated
−Removed: from the merger, the Company’s stockholders will have experienced dilution of their ownership interests in the Company without
−Removed: receiving any commensurate benefit, or only receiving part of the commensurate benefit to the extent the combined company is able to
−Removed: realize only part of the strategic and financial benefits currently anticipated from the merger.
+Added: There have been no material
+Added: changes from the risk factors previously disclosed in Part I, Item 1A of the Form 10-K.
+Added: Investors should review the risks disclosed in
+Added: the Form 10-K and in this Report, prior to making an investment in the Company.
+Added: The business, financial condition and operating results
+Added: of the Company can be affected by a number of factors, whether currently known or unknown, including but not limited to those described
+Added: in the Form 10-K,this Report, and other reports we have filed with the SEC, any one or more of which could, directly or indirectly, cause
+Added: the Company’s actual financial condition and operating results to vary materially from past, or from anticipated future, financial
+Added: condition and operating results.
+Added: Any of these factors, in whole or in part, could materially and adversely affect the Company’s
+Added: business, financial condition, operating results and stock price.
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.