other material
confidence high
sentiment neutral
materiality 0.50
Daxor closes $2.1M underwritten public offering of 221,050 shares at $9.50/sh
DAXOR CORP
- Closed offering of 210,527 shares plus partial overallotment of 10,523 shares, total 221,050 shares.
- Gross proceeds ~$2.1M; net proceeds for working capital, product development, and potential acquisitions.
- Joseph Gunnar & Co. acted as sole book-running manager; Maxim Group as advisor.
- Shares sold at $9.50 each; offering made via shelf registration effective July 2021.