other material
confidence high
sentiment positive
materiality 0.50
HeartBeam raises additional ~$1.5M from over-allotment exercise in public offering
HeartBeam, Inc.
- Underwriter exercised over-allotment for 864,033 shares at $1.70, gross proceeds ~$1.5M.
- Total offering increased to 6,746,386 shares and ~$11.5M gross proceeds.
- Proceeds for commercial-readiness activities, R&D, regulatory projects, and working capital.
- MDB Capital acted as underwriter; Paulson Investment participated as selected dealer.