Nano-X Imaging Secures $15 Million in Direct Offering

Tip Ranks
2025.11.26 11:34
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Nano-X Imaging Ltd has raised approximately $15 million through a direct offering of 3,826,530 ordinary shares at $3.92 each. The offering, facilitated by Titan Partners Group LLC, closed on November 25, 2025. The funds will be used for working capital and general corporate purposes. Analysts have rated the stock as Hold with a $4.50 price target, while TipRanks' AI Analyst rates it as Neutral due to financial performance and profitability challenges.