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News  ›  GlobeNewswire Inc.

Positron Corporation Raises $2 Million to Expand Market Presence and Growth Initiatives

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Positron Corporation
Positron Corporation Raises $2 Million to Expand Market Presence and Growth Initiatives

Positron Corporation (OTC: POSC), a PET and PET-CT imaging systems company, announced it has raised $2.0 million in capital by issuing 1,333,333 shares. The proceeds will fund commercial expansion, product development, regulatory activities, and market expansion, particularly in cardiac PET imaging solutions.

Insights
UNH   positive

Included in new trading product lineup, suggesting market interest and stability


POSC   positive

The company successfully raised $2.0 million in capital, demonstrating investor confidence in its strategy and growth potential. Management expressed encouragement about continued investor support, and the capital infusion is positioned to strengthen the balance sheet and enable expansion of market presence, system placements, and next-generation product development.