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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.
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Mainz Biomed ofrece 8 millones de dólares en acciones para financiar la investigación de pruebas de detección de cáncer.