SXTC 424B5: Secondary offering
Filed with the SEC on · accession 0001213900-26-108254
SXTC filed a 424B5 (prospectus (offering)) with the SEC on Oct 9, 2026. China SXT Pharmaceuticals is offering up to 8,000,000 units at $1.50 per unit, each consisting of one Class A Ordinary Share (or pre-funded warrant) and one Ordinary Warrant, for aggregate gross proceeds of up to $9,000,000, with an additional over-allotment option of up to $12,000,000. The stock moved -56.7% by the first close after the filing.
Summary of the filing
China SXT Pharmaceuticals is offering up to 8,000,000 units at $1.50 per unit, each consisting of one Class A Ordinary Share (or pre-funded warrant) and one Ordinary Warrant, for aggregate gross proceeds of up to $9,000,000, with an additional over-allotment option of up to $12,000,000. The Ordinary Warrants have a $2.75 exercise price but include a zero-price exercise feature that makes cash proceeds from warrant exercises highly unlikely.
Key details
How SXTC stock reacted
Close before
$34.35
Oct 8, 2026
First close after
-56.71%
$14.87
5 trading days
-79.97%
$6.88
Since filing
-91.76%
$2.83
✦ Ask GOAX AI about this filing — what it means for SXTC, what changed since its last filings and what to watch next.
Try it free for 7 days🔔 Want to stay updated on new SEC filings for SXTC?
Click hereFrequently asked questions
What did SXTC file with the SEC on Oct 9, 2026?
SXTC filed a 424B5 (Secondary offering). China SXT Pharmaceuticals is offering up to 8,000,000 units at $1.50 per unit, each consisting of one Class A Ordinary Share (or pre-funded warrant) and one Ordinary Warrant, for aggregate gross proceeds of up to $9,000,000, with an additional over-allotment option of up to $12,000,000. The Ordinary Warrants have a $2.75 exercise price but include a zero-price exercise feature that makes cash proceeds from warrant exercises highly unlikely.
What does a secondary offering mean for SXTC stock?
New shares dilute existing holders and are often sold at a discount to the market price.
How do I read a 424B5?
The final terms of an offering of shares or bonds. Look at price, number of shares and the discount to the market price. Large offerings dilute existing shareholders.
Why are SEC filings important?
Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 424B5 (prospectus (offering)): The final terms of an offering of shares or bonds.
How did SXTC stock react to this filing?
SXTC closed at $34.35 before the filing and $14.87 on Oct 9, 2026 (-56.71%). Five trading days later: $6.88 (-79.97%).
Other SXTC SEC filings
Get alerts when SXTC files with the SEC, plus live charts, key levels and news for 13,000+ stocks.
Try SEPT free for 7 days