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BMRA News and Press, Biomerica Inc. From 03/07/23

Stock Information

Company Name: Biomerica Inc.
Stock Symbol: BMRA
Market: NASDAQ
Website: biomerica.com

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BMRA - Biomerica Announces Closing of $8 Million Underwritten Public Offering of Common Stock

IRVINE, Calif., March 07, 2023 (GLOBE NEWSWIRE) -- Biomerica, Inc. (NASDAQ: BMRA) (“Biomerica”), a global provider of advanced medical products, announced today the closing of its previously announced underwritten public offering of an aggregate of 3,333,333 shares of its common sto...

BMRA - Biomerica raises $8M capital via stock offering

Biomerica ( NASDAQ: BMRA ) has priced its public offering of ~3.3M shares of common stock at $2.40 per share, for gross proceeds of ~$8M. Craig-Hallum Capital Group is acting as sole managing underwriter for the offering. Net proceeds will be used for general corporate purpose...

BMRA - Biomerica Announces Pricing of $8 Million Underwritten Public Offering of Common Stock

IRVINE, Calif., March 03, 2023 (GLOBE NEWSWIRE) -- Biomerica, Inc. (NASDAQ: BMRA) (“Biomerica”), a global provider of advanced medical products, announced today the pricing of its previously announced underwritten public offering. Biomerica is offering an aggregate of 3,333,333 shar...

BMRA - Biomerica stock slumps ~18% after hours on proposed public stock offering

Shares of Biomerica ( NASDAQ: BMRA ) on Thursday fell 18.4% to $2.26 in postmarket trading, after the company announced a proposed public stock offering. All shares of common stock in the proposed offering are being offered by BMRA. The company said it intends to use the p...

BMRA - Biomerica Announces Proposed Underwritten Public Offering of Common Stock

IRVINE, Calif., March 02, 2023 (GLOBE NEWSWIRE) -- Biomerica, Inc. (NASDAQ: BMRA) (“Biomerica”), a global provider of advanced medical products, announced today that it has commenced an underwritten public offering of its common stock. All shares of common stock in the proposed offe...

BMRA - Barnwell Industries, Inc. Reaches Cooperation and Support Agreement With its Largest Stockholders

HONOLULU, Jan. 23, 2023 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE-American: BRN) (“Barnwell” or the “Company”) announce today that it has entered into a cooperation and support agreement (the “Agreement”) with its two largest stockholders, Alexa...

BMRA - Biomerica reports FQ2 results

Biomerica press release ( NASDAQ: BMRA ): FQ2 net loss was $1.6M for the three months ended November 30, 2022 compared to a net loss of $1.1M for the three months ended November 30, 2021. Gross margin during the quarter ended November 30, 2022 increased to 24% as compared to a gro...

BMRA - Biomerica Reports Financial Results for Fiscal 2023 Second Quarter Ended November 30, 2022

InFoods® IBS Data Receives American College of Gastroenterology Presidential Award (ACG) Following Presentation at Annual Scientific Meeting Trial Data Shows InFoods® IBS Treatment Diet Significantly Improved Several IBS Symptoms Including Abdominal Pain Intensity (API): In So...

BMRA - Biomerica Appoints Mayo Clinic Gastroenterologist, Dr. Brian E. Lacy, to the Company's Scientific Advisory Board

Dr. Lacy is the former co-Editor in Chief of the American Journal of Gastroenterology, the former Editor in Chief of Clinical and Translational Gastroenterology, and has served as the co-Chairman for the Rome IV Committee on Functional Bowel Disorders . Dr. Lacy has authored over 225 peer rev...

BMRA - Biomerica: H.Pylori Announcements Important To Keep An Eye On, Reaffirm Hold

Summary BMRA continues to advance on its pipeline, building momentum around its IBS product and H.Pylori diagnostic test. Despite these tailwinds, the market's reaction has been muted to each, with the equilibrium in price action reached almost immediately. Investors are still posit...

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