other material
confidence medium
sentiment neutral
materiality 0.40
Daxor allocates $550K of May 2023 offering proceeds to hematocrit capability development
DAXOR CORP
- Net proceeds of $3.56M from May 22, 2023 public offering of 410,260 shares at $9.75/share.
- $550,000 reserved for proprietary hematocrit capability for next-generation technologies.
- Development expected over 12 months, supported by Department of Defense efforts.
- Funds are part of the previously stated use of proceeds for next-gen technology development.