Daxor raises $8.14M in registered stock sale
Daxor Corporation entered into a definitive securities purchase agreement on January 23, 2026, to raise capital through a registered direct offering.
Rhea-AI Filing Summary
Daxor Corporation entered into a definitive securities purchase agreement on January 23, 2026, to raise capital through a registered direct offering. The company issued and sold an aggregate of 765,958 registered shares of common stock at $11.75 per share, resulting in approximately $8,142,006 in net proceeds after placement agent fees and expenses. The closing occurred on January 26, 2026.
The common shares were issued under Daxor’s shelf registration statement on Form N-2 (File No. 333-281622), which was declared effective by the SEC on January 20, 2026. Lake Street Capital Markets, LLC acted as placement agent under a placement agency agreement executed the same day as the securities purchase agreement. The company also filed a legal opinion from Foley & Lardner LLP regarding the validity of the common stock.
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Insights
Daxor raises about $8.14M via a registered direct stock sale.
Daxor Corporation completed a registered direct offering of 765,958 shares of common stock at $11.75 per share, generating approximately $8,142,006 in net proceeds after fees. The shares were issued under an effective shelf registration statement on Form N-2, which allows the company to access capital markets more efficiently when opportunities arise.
Lake Street Capital Markets, LLC served as placement agent under a dedicated placement agency agreement, indicating the shares were placed with specific investors rather than sold broadly in the open market. The filing also includes a legal opinion from Foley & Lardner LLP confirming the legality of the issued common stock, which is standard for registered offerings.
8-K Event Classification
FAQ
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