StockWatch
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Medical/Dental Instruments
InvestmentApr 24, 2026, 04:32 PM

Lucid Diagnostics Closes $18M Public Offering, Netting $16.8M

AI Summary

Lucid Diagnostics Inc. announced the closing of its previously announced underwritten public offering on April 24, 2026. The company successfully sold 18,000,000 shares of its common stock at a price of $1.00 per share. This offering is expected to generate approximately $16.8 million in net proceeds, which the company intends to allocate towards working capital and general corporate purposes.

Key Highlights

  • Lucid Diagnostics closed its underwritten public offering on April 24, 2026.
  • The company sold 18,000,000 shares of common stock.
  • Shares were priced at $1.00 each.
  • Net proceeds from the offering are approximately $16.8 million.
  • Proceeds will be used for working capital and general corporate purposes.