other material
confidence high
sentiment positive
materiality 0.75
Autonomix Medical closes $11.2M IPO, regains cardiology rights via $8M warrant deal
Autonomix Medical, Inc.
- IPO closed Jan 26: 2,234,222 shares at $5.00, gross proceeds $11,171,110 before expenses.
- Regained exclusive worldwide cardiology rights from Impulse Medical in exchange for warrant to buy 1.6M shares at $0.001 per share.
- CEO Lori Bisson cites momentum and on-track first-in-human pancreatic cancer pain study this quarter.
- Warrant shares subject to lockup: 12.5% for 6 months, remainder for 12 months post-IPO.