Daxor Corporation Announces Pricing Of $4M Underwritten Public Offering Of 410,260 Shares Of Its Common Stock At A Price Of $9.75/Share
Portfolio Pulse from Benzinga Newsdesk
Daxor Corporation (NASDAQ:DXR) announces a $4M underwritten public offering of 410,260 shares at $9.75 per share. The proceeds will be used for working capital, product development, capital expenditures, and potential acquisitions or investments.

May 22, 2023 | 12:47 pm
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Daxor Corporation's $4M public offering may lead to short-term dilution of shares, but the proceeds will be used for growth initiatives.
The public offering may lead to short-term dilution of shares, which could negatively impact the stock price. However, the proceeds will be used for working capital, product development, capital expenditures, and potential acquisitions or investments, which could have a positive impact on the company's growth and long-term value.
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