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Perimeter Medical Imaging AI, Inc. (TSX-V:PINK)(OTC:PYNKF) will be presenting at the Lytham Partners Spring 2021 Investor Conference on March 30, 2021, at 2:45 p.m. ET. CEO Jeremy Sobotta will provide a company overview highlighting their advanced imaging tools aimed at improving cancer surgery outcomes. The webcast can be accessed on the company's website, with an archived replay available after the event. Management will also engage in virtual one-on-one meetings during the conference, running from March 30 to April 1, 2021.
Perimeter Medical Imaging AI, Inc. has received 510(k) clearance from the U.S. FDA for its Optical Coherence Tomography (OCT) Imaging System (v2.1). This system is designed to provide cross-sectional, real-time visualization of tissue microstructures during surgical procedures, addressing significant unmet medical needs. CEO Jeremy Sobotta highlighted the system's potential to improve patient outcomes and streamline surgical workflows. The clearance marks a pivotal step for Perimeter in bringing its 'commercial ready' product to the U.S. market, alongside future enhancements under the ATLAS AI project.
Perimeter Medical Imaging AI, Inc. (PINK.V, PYNKF) reported a significant update regarding the exercise of share purchase warrants. As of February 25, 2021, approximately 3.1 million of the 3.5 million warrants have been exercised, raising $7.3 million, which supports the company's commercialization plans for its advanced imaging tools. The exercise price is set at $2.00 per share, and the remaining warrants could provide an additional $682,128 in proceeds if exercised by the accelerated expiry date of March 8, 2021.
Perimeter Medical Imaging AI, Inc. (TSXV:PINK)(OTC:PYNKF) announced participation in two upcoming virtual investor conferences. Jeremy Sobotta, CEO, will present at the TSX Life Science Investor Day on February 25, 2021, at 11 am ET, and at the HC Wainwright Global Lifesciences Conference on March 9, 2021, starting at 7 am ET. Perimeter develops advanced imaging tools for cancer surgery, aiming to improve patient outcomes and reduce healthcare costs. Their OTIS™ platform allows for real-time, high-resolution imaging of excised tissue, enhancing surgical decision-making.