Biomerica CEO buys 31,250 shares at $1.60 each
BIOMERICA INC (BMRA) reported an insider share purchase by Chief Executive Officer and director Zackary S. Irani.
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Rhea-AI Filing Summary
BIOMERICA INC (BMRA) reported an insider share purchase by Chief Executive Officer and director Zackary S. Irani. On August 26, 2026, he purchased 31,250 shares of Biomerica common stock at $1.60 per share in a private placement conducted by Biomerica.
The transaction was made pursuant to a Securities Purchase Agreement dated August 20, 2026 involving certain institutional and individual investors, including B. Riley Principal Capital, LLC and certain members of Biomerica’s board and executive officers. Following this transaction, Irani directly holds 242,570 common shares.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common stock F1 | 31,250 | $1.60 | $50K |
Footnotes (1)
- F1. On August 26, 2026, the reporting person acquired 31,250 shares of the Issuer's common stock at a purchase price of $1.60 per share in private placement by the Issuer pursuant to the terms of a Securities Purchase Agreement dated August 20, 2026, by and among certain institutional and individual investors identified on the signature pages thereto, which included among others B. Riley Principal Capital, LLC and certain members of the Company's Board of Directors and executive officers.
Key Figures
Key Terms
private placement financial
Securities Purchase Agreement financial
institutional investors financial
Beneficial ownership financial
FAQ
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What insider transaction did BMRA report for Zackary S. Irani?
Was the BMRA insider transaction part of a private placement?
Who participated with the BMRA CEO in the August 2026 private placement?
AI-generated analysis. How Rhea-AI works. Not financial advice.