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0.0847058823529413 -0.0376470588235294 0 0 0.0517647058823529 0.0117647058823529 0.0305882352941176 0.0964705882352942
Stock impact report

iCAD Announces Pricing of $12.5 Million Registered Direct Offering

icad inc. (ICAD) 
Last icad inc. earnings: 2/27 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: icadmed.com/financial-news-and-events.html
Company Research Source: GlobeNewswire
NASHUA, N.H., April 23, 2020 (GLOBE NEWSWIRE) -- iCAD, Inc. (“iCAD”) (Nasdaq: ICAD) today announced it has entered into definitive agreements with several institutional investors for the purchase and sale of 1,562,500  shares of the Company’s common stock at $8.00 per share, pursuant to a registered direct offering. The gross proceeds of the offering will be approximately $12.5 million before deducting estimated offering expenses. The Company intends to use the net proceeds for working capital and for other general corporate purposes, including for the conduct of post-market studies for the Company’s Xoft intra-operative radiation therapy (IORT) for glioblastoma and other brain cancers. The closing of the registered direct offering is expected to take place on or about April 27, 2020, subject to the satisfaction of customary closing conditions.   This offering is being made pursuant to an effective shelf registration statement on Form S-3 (File No. 333-235887) previously filed wit Show less Read more
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