other material
confidence high
sentiment negative
materiality 0.70
Co-Diagnostics prices $7.0M registered direct offering of 12.7M shares at $0.55/share
Co-Diagnostics, Inc.
- Offering consists of 12,727,272 shares of common stock or pre-funded warrants at $0.55 per share.
- Pre-funded warrants have an exercise price of $0.0001 and expire when exercised in full.
- Gross proceeds estimated at $7.0M before placement agent fees and expenses.
- Proceeds to be used for working capital and general corporate purposes.
- Maxim Group LLC is the sole placement agent; offering expected to close October 29, 2025.