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Palomino Laboratories Inc. Closes $15 Million at $4/share

$PALXPress releaseApr 27, 2026, 7:00 AM ETRead the release

Palomino Laboratories closed a $15.1 million private placement, issuing 3.77 million shares of common stock at a purchase price of $4.00 per share. The capital will be used to accelerate commercialization and scale the company's MicroLED-based optical interconnect solutions for AI data centers. CEO Jeffrey B.

Key figures

Deal Value Usd
15095412
Offering Price
4
Shares Offered
3773853

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