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Intelligent Bio Solutions announces a private placement, securing approximately $5 million from a single existing institutional investor, under Nasdaq rules.
PUBLIC · INBSSep 01, 2026•7 days ago
Amount Raised
$5 Million
Round Type
Post-IPO Equity
New YorkHealth CareMedical
Investors
Single Existing Institutional Investor
Description
Intelligent Bio Solutions Inc. has entered into a securities purchase agreement with an existing institutional investor for a private placement. The agreement allows the issuance of shares and warrants at a combined purchase price of $2.455 per share, aiming for gross proceeds of about $5 million. The Series N-1 and N-2 warrants will be exercisable under certain conditions
Company Information
Company
Intelligent Bio Solutions
Location
135 West 41st Street
New York, New York, United States
About
Intelligent Bio Solutions is on a mission to redefine the approach to testing and deliver pain-free, accessible solutions that drive transformative change and improve the quality of life.
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New YorkHealth CareMedical