IMDX raises $26M in registered direct offering; funds heart transplant rejection test development
Insight Molecular Diagnostics Inc.
- Gross proceeds ~$26M from 4,525,976 shares/pre-funded warrants at $5.75/unit; net proceeds ~$24.5M.
- Proceeds to expand GraftAssure product line into heart transplant rejection testing, beyond current kidney focus.
- Bio-Rad Laboratories, significant shareholder, participated on same terms as other institutional investors.
- Offering closed Feb 12, 2026; Lake Street Capital Markets acted as sole placement agent.