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Lucid Diagnostics ( (LUCD) ) has issued an announcement.
Lucid Diagnostics Inc. recently secured $21.95 million through the sale of Senior Secured Convertible Notes to accredited investors, effectively raising net proceeds of $18.3 million after repaying previous obligations. This strategic move includes a new set of agreements to ensure investor security, such as filing a resale registration statement and offering security interests in company assets. The transaction, exempt from public registration, highlights Lucid’s financial maneuvering to strengthen its market position.
For detailed information about LUCD stock, go to TipRanks’ Stock Analysis page.