Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Lucid Diagnostics Announces $25M Public Offering Of 25M Shares Of Common Stock At A Price Of $1.00/Share

Author: Benzinga Newsdesk | September 10, 2025 08:07am

 Lucid Diagnostics Inc. (NASDAQ:LUCD) ("Lucid" or the "Company"), a commercial-stage, cancer prevention medical diagnostics company, and subsidiary of PAVmed Inc. (NASDAQ:PAVM), today announced the pricing of its underwritten public offering of 25,000,000 shares of its common stock at a public offering price of $1.00 per share. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 3,750,000 shares of common stock at the public offering price, less underwriting discounts and commissions.

The gross proceeds from the offering, before deducting underwriting discounts and commissions and other estimated offering expenses, are expected to be approximately $25.0 million, excluding any proceeds from the exercise of the underwriters' option to purchase additional shares. The Company intends to use the net proceeds from this offering for working capital and general corporate purposes.

The offering is expected to close on or about September 11, 2025, subject to customary closing conditions.

Canaccord Genuity LLC and BTIG, LLC are acting as the joint bookrunners of the offering and Maxim Group LLC is acting as co-manager of the offering.

Posted In: LUCD PAVM

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist