Quick Take
Nano-X Imaging (NNOX) intends to raise $100 million from the sale of its common stock in an IPO, according to an amended registration statement.
The company is developing an improved and less costly form of medical imaging technology.
NNOX is preparing to go to market with multiple revenue streams and strong existing investor interest.
However, I’m uncertain about the IPO's valuation, so I'll watch the IPO from the sidelines.
Company & Technology
Neve Ilan, Israel-based Nano-X was founded to create a 'novel digital microelectromechanical system ("MEMs") semiconductor cathode' that it