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0.0199480642115203 0.0199480642115203 -0.0203021718602455 -0.0203021718602455 -0.0203021718602455 -0.0203021718602455 -0.0203021718602455 -0.0203021718602455
Stock impact report

Adagio Medical Reports Third Quarter 2025 Results

Adagio Medical Holdings, Inc (ADGM) 
Company Research Source: Business Wire
Continued Momentum Toward PMA Submission of ULTC TechnologiesRecent Financing Positions Company to Execute Growth Strategy LAGUNA HILLS, Calif.--(BUSINESS WIRE)--Adagio Medical Holdings, Inc (Nasdaq: ADGM) (“Adagio” or “the Company”), a leading innovator in catheter ablation technologies for the treatment of cardiac arrhythmias, today announced financial results for the third quarter ended September 30, 2025.Recent Business Highlights:Closed a private placement on October 20, 2025, with gross proceeds of up to $50 million, led by a syndicate of healthcare-dedicated institutional investors; upfront proceeds of approximately $19 million expected to fund FDA submission activities and ongoing next generation catheter development, with potential for up to $31 million in additional gross proceedsCompleted enrollment of the 209-patient FULCRUM-VT Pivotal FDA Investigational Device Exemption (“IDE”) trial intended to support the premarket approval (“PMA”) application for the vCLAS™ System Show less Read more
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