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NON INVASIVE MONITORING SYSTEMS INC /FL/ (NIMU) Form S-1/A — Oct 9, 2026

$NIMUForm S-1/AFiled Oct 9, 2026, 9:58 PM ET0001493152-26-046657Original filing

Non-Invasive Monitoring Systems, Inc. filed an S-1/A for a $125 million IPO of 8,064,516 shares at an assumed $15.50 per share, tied to its merger with Gravitics, Inc., a space structures company. Upon closing, the company will be renamed Gravitics Holdings, Inc. and list on Nasdaq under 'GVTX', with Lucid Capital Markets as sole bookrunner and a 45-day over-allotment option for 1,209,677 additional shares.

Key figures

Gross Proceeds
125000000
Offering Price
15.5
Shares Offered
8064516
Lockup Days
180
Price Range
$14.00 - $17.00 per share
Net Proceeds
121552000
Bridge Loan Amount
1000000
Reverse Split Ratio
1-for-150
Axiom Contract Value
270000000
Pro Forma Cash6 M2026
117255000
Gravitics Cash6 M2026
2734000
Over Allotment Shares
1209677
Gravitics Net Loss2025
11699000
Gravitics Revenue2025
1044000
Gravitics Net Loss6 M2026
24510000
Underwriting Discount Pct
6.5%
Underwriting Discount Usd
8125000
Convertible Note Principal
809706
Net Proceeds With Greenshoe
139083000
Shares Outstanding Post Offering
39898075
Gravitics Accumulated Deficit6 M2026
67000000
Shares Outstanding Post Reverse Split
1032640
Nims Shareholder Ownership Post Merger
approximately 3.5%
Shares Outstanding Pre Offering Post Merger
31460071
Gravitics Shareholder Ownership Post Merger
approximately 96.5%

AI analysis

Red flags10 · Pro

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