Biomerica raises $2.23M in private placement at $1.60 per share

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Biomerica Announces $2.23 Million Financing 

August 27, 2026 8:19 AM EDT

Financing priced at $1.60 with no warrants or discountB. Riley Principal Capital and B. Riley executives, as well as Biomerica's CEO and all members of Biomericas Board of Directors participated in the financingProceeds expected to strengthen the Company's balance sheet and fund operations and support the Board's ongoing evaluation of potential strategic opportunities, including partnerships and business combinations

IRVINE, Calif., Aug. 27, 2026 (GLOBE NEWSWIRE) -- Biomerica, Inc. (Nasdaq: BMRA) (Biomerica or the Company), a developer and manufacturer... More