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FAQ: Nano-X Imaging's $15 Million Registered Direct Offering
TL;DR
Nano-X Imaging's $15 million direct offering provides capital to accelerate deployment of their cost-effective medical imaging technology, creating market advantage in preventive healthcare.
Nano-X Imaging will sell 3,826,530 shares to an institutional investor through Titan Partners Group, with closing expected around November 25, 2025, using proceeds for working capital.
This funding supports Nano-X's mission to expand affordable medical imaging globally, improving early disease detection and treatment outcomes for communities worldwide.
Nano-X combines AI-powered digital X-ray technology with cloud platforms to revolutionize medical imaging accessibility through their innovative Nanox.ARC system.
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Nano-X Imaging entered a securities purchase agreement to sell 3,826,530 ordinary shares to a single institutional investor in a registered direct offering expected to generate approximately $15 million in gross proceeds.
The company plans to use the net proceeds from the offering for working capital and general corporate purposes to support its operations and business development.
Titan Partners Group, a division of American Capital Partners, is serving as the sole placement agent for the offering, which involves selling shares directly to a single institutional investor.
The closing of the offering is expected to occur on or about November 25, 2025.
Nano-X Imaging is focused on driving the world's transition to preventive health care by providing affordable medical imaging technologies based on advanced AI and proprietary digital X-ray source, with the goal of improving early detection and treatment of diseases.
The Nanox ecosystem includes Nanox.ARC (multi-source digital tomosynthesis system), Nanox.AI (AI-based algorithms for CT imaging analysis), Nanox.CLOUD (cloud-based software platform), and Nanox.MARKETPLACE (decentralized marketplace for remote radiology and cardiology services).
For more information about the company, you can visit their official website at https://www.nanox.vision/ or view the full press release at https://ibn.fm/wvmGU.
This $15 million capital infusion will provide working capital to support the company's ongoing operations and expansion of its medical imaging technology ecosystem, helping advance its mission of making preventive healthcare more accessible worldwide.
Curated from InvestorBrandNetwork (IBN)
