iCAD Stockholders Approve Merger with RadNet
iCAD stockholders have approved a merger with RadNet, making iCAD a wholly owned subsidiary of RadNet. The merger received 16,951,244 votes in favor and is expected to close on July 17, 2025, pending certain conditions. The latest analyst rating for iCAD stock is a Hold with a price target of $3.50. Despite financial challenges, the merger is seen as a positive development for growth, although ongoing losses affect valuation.
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iCAD ( (ICAD) ) has provided an update.
On July 14, 2025, iCAD, Inc. held a virtual special meeting of stockholders to vote on key proposals. The primary focus was the approval of a merger agreement with RadNet, Inc., which would result in iCAD becoming a wholly owned subsidiary of RadNet. The merger proposal was approved by a significant majority, with 16,951,244 votes in favor. Additionally, a non-binding advisory vote on executive compensation related to the merger was also approved. The merger is expected to close on July 17, 2025, pending the fulfillment of certain conditions.
The most recent analyst rating on (ICAD) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on iCAD stock, see the ICAD Stock Forecast page.
Spark’s Take on ICAD Stock
According to Spark, TipRanks’ AI Analyst, ICAD is a Neutral.
iCAD’s overall stock score of 60 reflects a mixed outlook. Significant financial challenges are offset by positive corporate developments, including a strategic merger with RadNet, which is expected to enhance growth. Technical indicators show strong momentum, although valuation remains weak due to ongoing losses.
To see Spark’s full report on ICAD stock, click here.
More about iCAD
Average Trading Volume: 822,684
Technical Sentiment Signal: Hold
Current Market Cap: $102.7M
See more insights into ICAD stock on TipRanks’ Stock Analysis page.
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