other material
confidence high
sentiment positive
materiality 0.80
Lucid Diagnostics closes $18M underwritten offering of 18M shares at $1.00/share
Lucid Diagnostics Inc.
- Closed sale of 18,000,000 shares at $1.00/share; gross proceeds $18M, net proceeds ~$16.8M.
- Net proceeds to be used for working capital and general corporate purposes.
- Joint bookrunners: Canaccord Genuity LLC and BTIG, LLC.
- Offering anchored by $15M investment from fundamental institutional investor and support from a large existing shareholder.
- Offered under effective shelf registration statement on Form S-3 declared effective March 26, 2026.