debt
confidence medium
sentiment neutral
materiality 0.65
Lucid Diagnostics sells $21.75M in convertible notes to redeem existing 2023 note
Lucid Diagnostics Inc.
- Aggregate $21.75M in Senior Secured Convertible Notes sold to accredited investors.
- Proceeds will redeem the 2023 Senior Convertible Note at the optional redemption price.
- Issuance and redemption expected within 10–20 business days of November 8, 2024.
- Notes and conversion shares issued under Section 4(a)(2) exemption from registration.