LUCD Lucid Diagnostics Inc.
Price Chart
Executive Summary
Lucid Diagnostics Inc. (LUCD) closed an underwritten public offering of 18 million shares at $1.00 per share, raising $18 million in gross proceeds and approximately $16.8 million in net proceeds. The company plans to use the funds for working capital and general corporate purposes.
Actionable Insight
Monitor upcoming financial reports for how the company allocates the new capital and whether it improves operational metrics. The dilution from issuing 18 million new shares may pressure the stock price despite the cash infusion.
Key Facts
- Closed an underwritten offering of 18,000,000 shares at $1.00 per share
- Gross proceeds of $18 million, net proceeds of approximately $16.8 million
- Proceeds to be used for working capital and general corporate purposes
- Offering was anchored by a $15 million investment from a fundamental institutional investor
- Canaccord Genuity LLC and BTIG, LLC acted as joint bookrunners
Financial Impact
Raises $16.8 million in net proceeds through issuance of 18 million shares, representing significant dilution to existing shareholders
Risk Factors
- Significant shareholder dilution from issuing 18 million new shares
- No specific strategic use of funds disclosed beyond general working capital needs
- Execution risk in deploying capital effectively to improve business performance
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-018926 |
| Exhibit: ex99-1.htm | 0001493152-26-018926 |
| Document: 0001493152-26-018926-index-headers.html | 0001493152-26-018926 |
| Document: 0001493152-26-018926-index.html | 0001493152-26-018926 |
| Document: 0001493152-26-018926.txt | 0001493152-26-018926 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 14, 2026
4w ago
|
8-K
| $1.02 $1.00 | ▲ +1.96% | ▲ +1.24% | $0.9610 (+5.78%) |
|
Apr 24, 2026
7w ago
|
8-K
| $1.06 $1.09 | ▲ +2.83% | ▲ +2.43% | $0.9610 (−9.34%) |
|
Apr 23, 2026
7w ago
|
8-K
| $1.07 $1.07 | · 0.00% | ▼ −0.91% | $0.9610 (−10.19%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access