other material
confidence high
sentiment neutral
materiality 0.70
Lucid Diagnostics prices $15M public offering of 12.5M shares at $1.20 per share
Lucid Diagnostics Inc.
- Gross proceeds ~$15M from 12.5M shares at $1.20; underwriters have 45-day option for 1.875M additional shares.
- Closing expected April 11, 2025; net proceeds for working capital and general corporate purposes.
- Canaccord Genuity sole bookrunner, Maxim Group co-manager; offered under shelf registration effective Dec 2022.
- Offering significantly dilutes existing shareholders; exact dilution depends on option exercise.