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Chembio Diagnostics nets $11.2mm via FOPO

Executive Summary

Chembio Diagnostics Inc. (point-of-care tests for infectious diseases) netted $11.2mm through the public offering of 1.78mm common shares at $6.75 each. The company will use the funds for development and sales and marketing activities, and to update its equipment and facilities.
Deal Industry
  • Biotechnology
  • In Vitro Diagnostics
    • Chemistry, Immunoassay
Deal Status
  • Final
Deal Type
  • Financing
    • FOPO

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