SEC Company Response from Scienture Holdings, Inc. (SCNX) (CIK 0001382574) (SCNX) — Jun 20, 2019
Scienture Holdings, Inc. (SCNX) (CIK 0001382574)
Date: June 20, 2019 · CIK: 0001382574 · Accession: 0001493152-19-009517
AI Filing Summary & Sentiment
File numbers found in text: 333-231246
Referenced dates: June 20, 2019
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CORRESP
1
filename1.htm
June 20, 2019
VIA
FEDERAL EXPRESS AND E-MAIL
Mr.
Ronald Alper
Ms.
Brigitte Lippman
Office
of Beverages, Apparel and Mining
Division
of Corporate Finance
United
States Securities and Exchange Commission
100
F Street, N.E.
Washington,
D.C. 20549
Re:
Trxade Group, Inc.: Response to telephonic conversation of June 18, 2019
regarding Amendment #1 to Registration Statement on
Form S-1
Filed June 14, 2019 (SEC File Number 333-231246)
Mr.
Alper and Ms. Lippman:
We
write on behalf of our client, Trxade Group, Inc., a Delaware corporation (the “Company”), in connection with the
above-referenced matter. The Company requested us, as its legal counsel, to respond to your June 18, 2019 telephonic conversation
with the United States Securities and Exchange Commission (the “Commission”). Based on our discussion with the Commission
and the current business status, the Company has concurrently filed herewith Amendment No. 2 to its Registration Statement on
Form S-1 (the “Amendment”).
Mr.
Ronald Alper
Ms.
Brigitte Lippman
Division
of Corporate Finance
United
States Securities and Exchange Commission
June
20, 2019
Page
2
Per telephonic conversation
June 18, 2019
General
1. We note that you plan to incorporate
by reference information pursuant to General Instruction VII of Form S-1. However, it appears that the company is a penny stock
issuer as defined in Rule 3a51-1 of the Exchange Act and, therefore, is not eligible to use incorporation by reference. Please
revise or advise.
The Company modified its disclosure. Please see the registration
statement filed concurrently herewith as the Amendment.
Should the Commission or
the Staff declare the filing effective, the Company respectfully requests acceleration of the effective date of its pending registration.
In connection with this request, the Company hereby acknowledges the following in a separate certification signed by the Company’s
President, Mr. Suren Ajjarapu (attached):
1.
The
Company is responsible for the adequacy and accuracy of the disclosure in the filing;
2.
Staff
comments or changes to disclosure in response to staff comments do not foreclose the Commission from taking any action with
respect to the filing; and
3.
The
Company may not assert staff comments as a defense in any proceeding initiated by the Commission or any person under the federal
securities laws of the United States.
Please
feel free to contact us directly with any questions or comments. Thank you in advance for your assistance.
Very
Truly Yours,
Blair
Krueger, Esq.
cc:
Trxade
Group, Inc.
Mr.
Suren Ajjarapu
Mr.
Howard Doss
Mr.
Steven Lee, Esq.
Enclosure
Blair
Krueger, Esq.
Krueger
LLP
Securities
and Exchange Commission
Response
Letter
Dated
June 20, 2019
CERTIFICATION
SIGNED
In
connection with this letter, the Company hereby acknowledges the following:
1.
The
Company is responsible for the adequacy and accuracy of the disclosure in the filing;
2.
Staff
comments or changes to disclosure in response to staff comments do not foreclose the Commission from taking any action with
respect to the filing; and
3.
The
Company may not assert staff comments as a defense in any proceeding initiated by the Commission or any person under the federal
securities laws of the United States.
Very
truly yours,
/s/
Suren Ajjarapu
Chairman
of the Board, Chief Executive Officer and Secretary
June
20, 2019
Suren
Ajjarapu
(Principal
Executive Officer)
/s/
Howard A. Doss
Chief
Financial Officer (Principal Financial and Accounting Officer)
June
20, 2019
Howard
A. Doss