Picard Medical prices $5 million stock offering at $0.30 per share
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Picard Medical Announces Pricing of $5 Million Offering
May 5, 2026 8:01 AM EDTTUCSON, Ariz., May 05, 2026 (GLOBE NEWSWIRE) -- Picard Medical, Inc. (NYSE American: PMI) (the Company), parent company of SynCardia Systems, LLC, maker of the worlds first total artificial heart approved by both the U.S. FDA and Health Canada, today announced the pricing of its "reasonable best efforts" offering with certain new and existing institutional investors for the purchase and sale of (i) 16,666,667 shares of the Companys common stock, par value $0.0001 per share (or common stock equivalents in lieu thereof) (the Common Stock), (ii) series A common warrants to purchase up to 16,666,667... More
