"Beamr Imaging's Stock Soars 1500% After $12 Million Public Offering and Nvidia Partnership"

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Source: GlobeNewswire
"Beamr Imaging's Stock Soars 1500% After $12 Million Public Offering and Nvidia Partnership"
Photo: GlobeNewswire
TL;DR Summary

Beamr Imaging Ltd. has announced the pricing of a $12 million underwritten public offering of 1,714,200 ordinary shares at a price of $7.00 per share, with the intention of using the net proceeds for research and development, sales and marketing activities, cloud operating costs, and general corporate purposes. The offering is expected to close on February 15, 2024, and ThinkEquity is acting as the sole book-running manager for the offering.

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