POAI · United States
Cash Position
The company has 2.5 months of cash left based on the quarterly cash burn of $2.999 M and estimated current cash of $2.401 M
Commentary on Financial Condition
The company is facing significant financial challenges, with substantial and recurring losses, an accumulated deficit of $178.3 million, and cash resources of $3.1 million as of September 30, 2024, which are insufficient to sustain operations beyond the next twelve months without additional financing. There is substantial doubt about the company's ability to continue as a going concern, and it is actively seeking additional funding through equity financing, debt issuance, or other arrangements, which may result in significant dilution to existing shareholders. Despite efforts to improve cash flows and achieve profitability, the company acknowledges the risk of being unable to secure necessary financing, which could lead to severe financial distress or cessation of operations., Filed At: 2024-11-12
Former Symbols
No former symbols for POAI
Nasdaq Compliance
Predictive Oncology Inc. received a notice from Nasdaq on November 22, 2024, indicating non-compliance with the minimum stockholders' equity requirement, as their equity was reported at $1,966,969, below the required $2.5 million. The company has until January 6, 2025, to submit a compliance plan, with a potential extension of up to 180 days if the plan is accepted. Filed At: 2024-11-22.
Previous Splits
Disclaimer: Data was sourced from filings using AI and may occasionally contain errors. Data is split adjusted
In the money
potentially in play
out of play
Pending Offering
Warrants
July 2024 - B Warrants
$1.07
$0.00
Armistice, Intracoastal, Cavalry, Lind Global, Bigger Capital, District 2, KBB
July 2024 - A Warrants
$1.07
$0.00
Armistice, Intracoastal, Cavalry, Lind Global, Bigger Capital, District 2, KBB
May 2022 - Warrants
$1.32
$0.00
Armistice, Bigger Capital, District 2, Intracoastal
February 2021 - Warrants
$40.00
$0.00
3i, Alpha Capital Anstalt, Alto, Anson, Armistice, BPY, Bigger Capital, Boothbay, Brio, CVI, Cavalry, District 2, FiveT, Intracoastal, Iroquois, KBB, L1, Lind Global, Nomis Bay
February 2021 - Warrants
$40.00
$0.00
3i, Alpha Capital Anstalt, Alto, Anson, Armistice, BPY, Bigger Capital, Boothbay, Brio, CVI, Cavalry, District 2, FiveT, Intracoastal, Iroquois, KBB, L1, Lind Global, Nomis Bay
January 2021 - Warrants
$27.40
$0.00
Alpha Capital Anstalt, Armistice, Brio, CVI, Cavalry, FiveT, Intracoastal, Iroquois, L1
January 2021 - Warrants
$14.00
$0.00
Alpha Capital Anstalt, Armistice, Brio, CVI, Cavalry, FiveT, Intracoastal, Iroquois, L1
January 2021 - Warrants
$16.80
$0.00
Alpha Capital Anstalt, Armistice, Brio, CVI, Cavalry, FiveT, Intracoastal, Iroquois, L1
June 2020 - Warrants
$16.91
$0.00
Armistice, Sabby
Convertibles
ATM
May 2024 SHELF | ATM | Offering amount: $200,000,000.00 | Float: 3,988,837 | Amount sold to date: $0.00
S-3
May 2024 SHELF | ATM | Offering amount: $200,000,000.00 | Float: 3,988,837 | Amount sold to date: $0.00
S-3
Shelf
May 2024 SHELF | ATM | Offering amount: $200,000,000.00 | Float: 3,988,837 | Amount sold to date: $0.00
May 2024 SHELF | ATM | Offering amount: $200,000,000.00 | Float: 3,988,837 | Amount sold to date: $0.00
EXPIRED-April 2021 SHELF | Offering amount: $250,000,000.00 | Float: 2,197,012
Equity Line
Completed Offerings
WARRANT EXERCISE
$1.32
8-K
PRIVATE PLACEMENT
$780.00
8-K
REGISTERED OFFERING
$100.00
424B5
SHELF OFFERING | Shares amount: 1,500,000 | Share price: $0.80 | Warrants amount: 750,000 | Warrants exercise price: $1.00 | Float: 15,792,586 | Amount sold to date: $2,004,787.50 | Bank: Dawson James Securities, Inc.
$160.00
424B5
Tokens
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