other_material
confidence high
sentiment positive
materiality 0.75
DiaMedica raises $30.1M via private placement of 8.6M shares at $3.50 to fund preeclampsia pipeline
DiaMedica Therapeutics Inc.
- Private placement of 8,606,426 common shares at $3.50 per share, raising $30.1M gross proceeds.
- Closing expected July 23, 2025; no placement agent engaged.
- Proceeds to support DM199 IND submission and Phase 2b study for preeclampsia and fetal growth restriction.
- Registration rights agreement requires filing resale registration statement within 10 business days of closing.
- Transaction involves non-management related parties; exempt from Canadian MI 61-101 valuation/minority approval.
item 1.01item 3.02item 8.01item 9.01