NON INVASIVE MONITORING SYSTEMS INC /FL/ (NIMU) Form S-1/A — Oct 19, 2026
Non-Invasive Monitoring Systems filed an S-1/A for a $50 million IPO of 3,225,806 shares at an estimated $14.00-$17.00 per share, with Lucid Capital Markets as sole bookrunner. The offering closes concurrently with a reverse merger in which the shell will be renamed Gravitics Holdings, Inc. and uplist to Nasdaq under ticker GVTX, with Gravitics stockholders owning roughly 96.5% of the combined company. Gravitics designs large space structures including Orbital Carriers, with a $270 million related-party cargo contract from Axiom Space that is terminable on 30 days' notice.
Key figures
- Gross Proceeds
- 50000000
- Offering Price
- 15.50 (estimated range $14.00-$17.00)
- Shares Offered
- 3225806
- Lockup Days
- 180
- Last OTCPrice
- $10.81 (October 16, 2026)
- Reverse Split Ratio
- 1-for-150 (effective July 30, 2026)
- Axiom Contract Value
- $270,000,000
- Net Proceeds Estimate
- approximately $48,888,000 ($55,900,000 with full over-allotment)
- Over Allotment Shares
- 483871
- Gravitics Net Loss H1 2026
- $24.5 million
- Gravitics Cash June30 2026
- $2.7 million
- Underwriting Discount Percent
- 6.5% of gross proceeds ($3,250,000)
- Gravitics Ownership Post Merger
- 96.5% Gravitics holders / 3.5% NIMS holders
- Shares Outstanding Pre Offering
- 31460071
- Shares Outstanding Post Offering
- 34895554
AI analysis
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