Co-Diagnostics prices USD 3 million private placement at market under Nasdaq rules

Co-diagnostics

Co-diagnostics

CODX

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  • Co-Diagnostics entered a $3 million at-the-market private placement with institutional investors, selling 1,647,447 common shares or pre-funded warrants.
  • The deal includes warrants to buy up to 3,294,894 common shares, priced with a combined effective offering price of $1.82 per share and warrants.
  • The warrants carry a $1.57 exercise price, are exercisable immediately, and expire five years from issuance.
  • Closing is expected around May 21, 2026, subject to customary conditions.
  • The securities were sold in an unregistered private placement under Section 4(a)(2) and/or Regulation D.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Co-Diagnostics Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605192254PR_NEWS_USPR_____LA63891) on May 20, 2026, and is solely responsible for the information contained therein.