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HeartBeam, Inc. announced a public offering to raise $10 million by selling common stock at $1.70 per share, with MDB Capital acting as the underwriter.

Feb 13, 20255 months ago

Amount Raised

$10 Million

Santa Clara

Investors

Paulson Investment Company LlcMdb Capital

Description

HeartBeam, Inc. has priced its public offering of 5,882,353 shares of common stock at $1.70 per share, expecting to close the offering around February 14, 2025. The funding will support the company’s strategic plan and preparation for U.S. commercialization.

Company Information

Company

HeartBeam

Location

Santa Clara, California, United States

About

HeartBeam, Inc. is a cardiac technology company developing the first and only 3D-vector ECG platform for heart attack detection anytime, anywhere. NASDAQ: BEAT

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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