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