Mainz Biomed NV Announces $3.0 Million Follow-On Offering of Ordinary Shares and Warrants

Reuters08-04

Mainz Biomed NV Announces $3.0 Million Follow-On Offering of Ordinary Shares and Warrants

Mainz Biomed N.V., a molecular genetics diagnostic company focused on early cancer detection, announced the pricing of a $3.0 million follow-on offering. The offering includes 2,222,222 units, each comprising one ordinary share (or a pre-funded warrant as an alternative) and one Series A warrant to purchase one and a half ordinary shares. The units are priced at $1.35 each, with the Series A warrants exercisable at the same price, expiring five years from issuance. This offering is conducted under an SEC-approved registration statement, with Maxim Group LLC as the sole placement agent. The transaction is expected to close around August 5, 2025, subject to customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mainz Biomed NV published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001121333-en) on August 04, 2025, and is solely responsible for the information contained therein.

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