Mainz Biomed prices $8M stock offering to fund cancer detection test research.

Mainz Biomed, a company that develops early cancer detection tests, has priced a $8.0 million follow-on stock offering. The offering includes 1,367,521 units, each priced at $5.85, comprising ordinary shares and warrants. The funds will support the company’s research and development, including their colorectal cancer test, ColoAlert®, and a pancreatic cancer screening test. The offering is expected to close on December 16, 2024.

December 13, 2024
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