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Beamr Imaging Ltd

All articles tagged with #beamr imaging ltd

businessfinance1 year ago

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

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.

financestock-market1 year ago

"Beamr and Nvidia's Partnership Propels Stock to Record 8-Fold Surge"

Beamr Imaging Ltd's stock soared nearly 8-fold after announcing a collaboration with Nvidia to present joint research on automated video modernization at a conference. The company aims to facilitate the transition to the AV1 format and optimize video quality using Nvidia's hardware. Despite the excitement, the collaboration was previously disclosed in the company's IPO filing. Beamr's stock had closed at $2.11 on Friday, compared to the initial public offering's pricing at $4, and had run up 45.5% so far in 2024 before the rally.