Perimeter Medical Imaging AI Inc. Completes Successful Prospectus Offering

In a significant development for the medical technology sector, Perimeter Medical Imaging AI Inc., a company operating at the intersection of health care and metals & mining, has announced the successful closure of its prospectus offering. This strategic move, completed on June 3, 2025, marks a pivotal moment for the company, which is listed on the TSX Venture Exchange and operates primarily in Canada and the United States.

The offering saw the issuance of 10,432,801 units at a price of $0.30 per unit, generating gross proceeds of $3,129,840. Each unit comprises one common share and one common share purchase warrant, which allows the holder to acquire an additional common share at an exercise price of $0.35 over a 60-month period. This financial maneuver was executed on a “best efforts” agency basis, with A.G.P. Canada Investments ULC serving as the agent under the agency agreement dated May 29, 2025.

This capital infusion is expected to bolster Perimeter’s position in the market, particularly as it continues to innovate in the realm of point-of-care imaging systems. These systems are designed to enable clinicians to visualize tissue microstructure in real-time, a capability that is increasingly critical in the fast-evolving landscape of medical diagnostics.

The timing of this offering is noteworthy, coming on the heels of Perimeter’s participation in MD&M East, a key event for the engineering sector held in New York City. The event, which took place on June 2, 2025, served as a platform for industry leaders to discuss the transformative impact of AI and automation on manufacturing and MedTech. With a focus on addressing labor challenges, regulatory shifts, and emerging innovations, the conference highlighted the importance of integrating advanced technologies like AI and machine learning into production processes.

As Perimeter Medical Imaging AI Inc. navigates these dynamic market conditions, the recent capital raise positions the company to further its technological advancements and expand its footprint in the medical imaging sector. With a market capitalization of 38,340,000 CAD and a close price of 0.23 CAD as of June 1, 2025, the company is poised to leverage this new capital to drive growth and innovation.

Investors and industry observers will be closely watching Perimeter’s next steps, particularly as it seeks to capitalize on the growing demand for advanced medical imaging solutions. The company’s ability to integrate cutting-edge technologies and adapt to regulatory changes will be critical in maintaining its competitive edge in a rapidly evolving industry.