Dilution profile // every instrument, one screen, from SEC filings

Scienture Holdings, Inc. (SCNX)

CIK 1382574 · all EDGAR filings →

Overall dilution risk
HIGHworst of 4 computed signals (offering ability)
= the worst band among the computed sub-ratings, no hidden weighting
Offering ability
HIGH$202M registered
= total registered offering amount from the fee exhibits of live registrations (bands: $1M / $20M)
one or more live registrations had no structured fee data, so the true total is AT LEAST this
Overhead supply
LOWwarrants = 0% of O/S
= warrant shares outstanding divided by current shares outstanding (bands: 20% / 50%)
warrants only; converts, ATMs and equity lines are not in free structured data, so the true overhead is AT LEAST this
Historical dilution
HIGH+3308% O/S in 3y
= share count now vs 3 years ago (bands: 30% / 100%); a reverse split pushes this negative
a reverse-split-sized cliff is in this window; read the chart
Cash need
MEDIUM~7.3 months of runway
= cash vs trailing operating burn (bands: 6mo / 24mo; positive operating CF = low)

Same rating bands the category standard uses, but free, with the formula on the chip and the gaps in the data said out loud.

Shares outstanding over time

2021-07-222026-08-13

Latest: 41.1M shares as of Aug 13, 2026 (10-Q). Share count fell from 10.2M to 1.2M between May 10, 2023 and Aug 10, 2023, a pattern consistent with a reverse split (roughly 1-for-8); simultaneous issuance can skew the raw ratio, so confirm in the filings. The red bar marks the cliff.

Cash runway

~7 months of cash left

burning $3.3M / quarter

Full breakdown: cash runway tool · source filing →

Warrants

Warrants outstanding: 190,242 underlying shares, as reported Mar 31, 2024 (10-Q).

Reported exercise price: $3 (aggregate figure as tagged; individual tranches vary).

Balance-sheet fair value of warrants: $0 as of Jun 30, 2026.

Rough fully diluted estimate: 41.3M = 41.1M O/S + 190,242 warrant shares. An estimate, not a filing figure: it ignores converts, options and RSUs, and the two inputs carry different as-of dates.

Convertible notes

No convertible-note facts tagged in the 10-Q filed Aug 13, 2026. If convertible notes exist, their terms live in exhibit prose for this filer and are not parsed; absence of a tag is not proof of absence. The exhibits are the ground truth.

Fully diluted build-up

Shares outstanding plus every potential-share instrument the filer tagged in XBRL, each at its own as-of date. An estimate assembled from filed figures, not a filing figure itself.

Shares outstanding41.1MAug 13, 2026
+ Warrants (aggregate, as tagged) (if exercised)190,242Mar 31, 2024
Fully diluted estimate41.3M+0.5% vs O/S

Still excluded, because the filer does not tag them in countable form: employee options and RSUs, any instrument living only in exhibit prose, and instruments above missing a share count. Inputs carry different as-of dates, shown per row. Each figure traces to the tranche and note tables above and their cited filings.

Registrations and offerings

Registered offering capacity on live registrations: $202.2Mfrom the structured fee exhibits; registered is not remaining, takedowns are not subtracted

S-3Aug 25, 2025$2.2M registeredfiling →
S-3Aug 1, 2025$200.0M registeredfiling →
S-1Apr 4, 2025no structured fee exhibit in this filing (predates fee-data XBRL or fee deferred)filing →

Last 12 months: 5 executed · 1 registered.

EXECUTEDNov 7, 2025Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5
EXECUTEDOct 24, 2025Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5
UPDATEOct 14, 2025Prospectus update — often a resale registration, not necessarily new capital424B3
EXECUTEDSep 19, 2025Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5
UPDATEAug 27, 2025Prospectus update — often a resale registration, not necessarily new capital424B3
EFFECTIVEAug 27, 2025SEC declared a registration effective — selling can beginEFFECT
REGISTEREDAug 25, 2025S-3 registration — capacity to sell shares, not a sale yetS-3
EXECUTEDAug 15, 2025Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5
EXECUTEDAug 15, 2025Unregistered share sale disclosed (8-K item 3.02)8-K
EFFECTIVEAug 8, 2025SEC declared a registration effective — selling can beginEFFECT
REGISTEREDAug 1, 2025S-3 registration — capacity to sell shares, not a sale yetS-3
EFFECTIVEJun 17, 2025SEC declared a registration effective — selling can beginEFFECT

Full history and shelf status: offering checker · S-3 shelf checker

Source: SEC EDGAR XBRL company facts and filing metadata, fetched live and cached briefly. Share counts are cover-page figures with their form named. Warrant tranches and convertible notes come from the dimensioned facts in the latest 10-Q/10-K instance document, exactly as the company tagged them; untagged tranches and notes are absent, not disproven. Nothing on this page is manually verified and nothing is behind a login: what free data supports is shown, what it cannot support is stated. Not investment advice.

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