{"id":822240,"date":"2025-03-05T17:18:30","date_gmt":"2025-03-05T22:18:30","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lucid-diagnostics-announces-closing-of-15-3-million-registered-direct-offering\/"},"modified":"2025-03-05T17:18:30","modified_gmt":"2025-03-05T22:18:30","slug":"lucid-diagnostics-announces-closing-of-15-3-million-registered-direct-offering","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lucid-diagnostics-announces-closing-of-15-3-million-registered-direct-offering\/","title":{"rendered":"Lucid Diagnostics Announces Closing of $15.3 Million Registered Direct Offering"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n NEW YORK<\/span>
\n <\/span>, March 5, 2025<\/span><\/span> \/PRNewswire\/ —\u00a0Lucid Diagnostics Inc.<\/a><\/b>\u00a0(Nasdaq: LUCD)\u00a0(“Lucid” or the “Company”), a commercial-stage, cancer prevention medical diagnostics company, and subsidiary of PAVmed Inc. (Nasdaq: PAVM), today announced the closing of its previously announced registered direct offering of 13,939,331 shares of common stock at a purchase price of $1.10<\/span> per share. \u00a0<\/p>\n

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\n \"Lucid
\n <\/a>\n <\/p>\n<\/p><\/div>\n

The gross proceeds to the Company from this offering are approximately $15.3 million<\/span>, before deducting the approximately $0.8 million<\/span> in placement agent’s fees and other offering expenses payable by the Company. Canaccord Genuity acted as the sole placement agent for this offering.<\/p>\n

The Company intends to use the net proceeds from this offering for working capital and other general corporate purposes.<\/p>\n

The securities described above were offered pursuant to a registration statement on Form S-3 (File No. 333-268560), which was declared effective by the Securities and Exchange Commission on December 6, 2022<\/span>. A final prospectus supplement relating to the offering has been filed with the SEC and is available on the SEC’s website at\u00a0http:\/\/www.sec.gov<\/a>. Electronic copies of the final prospectus supplement and accompanying base prospectus included in the registration statement may be obtained by contacting Canaccord Genuity LLC, Attention: Syndicate Department, One Post Office Square<\/span>, Suite 3000, Boston, MA<\/span> 02109, or by email at\u00a0prospectus@cgf.com<\/a>.<\/p>\n

\n About Lucid Diagnostics
<\/b>Lucid Diagnostics Inc. is a commercial-stage, cancer prevention medical diagnostics company and subsidiary of PAVmed Inc. (Nasdaq: PAVM). Lucid is focused on the millions of patients with gastroesophageal reflux disease (GERD), also known as chronic heartburn, who are at risk of developing esophageal precancer and cancer. Lucid’s EsoGuard\u00ae<\/sup> Esophageal DNA Test<\/a>, performed on samples collected in a brief, noninvasive office procedure with its EsoCheck\u00ae<\/sup> Esophageal Cell Collection Device<\/a>, represent the first and only commercially available tools designed with the goal of preventing cancer and cancer deaths through widespread, early detection of esophageal precancer in at-risk patients.<\/p>\n

For more information about Lucid, please visit www.luciddx.com<\/a> and for more information about its parent company PAVmed, please visit www.pavmed.com<\/a>.<\/p>\n

\n \"Cision\" View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/lucid-diagnostics-announces-closing-of-15-3-million-registered-direct-offering-302393766.html<\/a><\/p>\n

SOURCE Lucid Diagnostics<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire NEW YORK , March 5, 2025 \/PRNewswire\/ —\u00a0Lucid Diagnostics Inc.\u00a0(Nasdaq: LUCD)\u00a0(“Lucid” or the “Company”), a commercial-stage, cancer prevention medical diagnostics company, and subsidiary of PAVmed Inc. (Nasdaq: PAVM), today announced the closing of its previously announced registered direct offering of 13,939,331 shares of common stock at a purchase price of $1.10 per share. \u00a0 The gross proceeds to the Company from this offering are approximately $15.3 million, before deducting the approximately $0.8 million in placement agent’s fees and other offering expenses payable by the Company. Canaccord Genuity acted as the sole placement agent for this offering. The Company intends to use the net proceeds from this offering for working capital and other general corporate purposes. The securities described … <\/p>\n

Continue reading “Lucid Diagnostics Announces Closing of $15.3 Million Registered Direct Offering”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-822240","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLucid Diagnostics Announces Closing of $15.3 Million Registered Direct Offering - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lucid-diagnostics-announces-closing-of-15-3-million-registered-direct-offering\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lucid Diagnostics Announces Closing of $15.3 Million Registered Direct Offering - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK , March 5, 2025 \/PRNewswire\/ —\u00a0Lucid Diagnostics Inc.\u00a0(Nasdaq: LUCD)\u00a0(“Lucid” or the “Company”), a commercial-stage, cancer prevention medical diagnostics company, and subsidiary of PAVmed Inc. (Nasdaq: PAVM), today announced the closing of its previously announced registered direct offering of 13,939,331 shares of common stock at a purchase price of $1.10 per share. \u00a0 The gross proceeds to the Company from this offering are approximately $15.3 million, before deducting the approximately $0.8 million in placement agent’s fees and other offering expenses payable by the Company. Canaccord Genuity acted as the sole placement agent for this offering. The Company intends to use the net proceeds from this offering for working capital and other general corporate purposes. 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