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Biomerica Announces $2.23 Million Financing

Barchart·08/27/2026 07:19:00
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IRVINE, Calif., Aug. 27, 2026 (GLOBE NEWSWIRE) -- Biomerica, Inc. (Nasdaq: BMRA) (“Biomerica” or the “Company”), a developer and manufacturer of diagnostic test systems, today announced that it has entered into definitive agreements with institutional and individual investors for a private placement of 1,393,705 unregistered shares of the Company’s common stock at a price of $1.60 per share, expected to provide approximately $2.23 million in gross proceeds to the Company.

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