IPO - Stereotaxis, Inc.
Form Type: 424B5
Filing Date: 2025-07-18
Corporate Action: Ipo
Type: New
Accession Number: 000164117225020134
Filing Summary: On July 17, 2025, Stereotaxis, Inc. announced the initiation of an offering of 6,250,000 shares of common stock at a price of $2.00 per share, raising approximately $12.8 million. The offering consists of an initial closing where 4,250,000 shares are issued, expected to generate $8.5 million. An additional closing on November 25, 2025, may issue 2,000,000 shares for $4.0 million. This capital will primarily be allocated to working capital, research and development, and general corporate purposes. The company anticipates growing revenues for the second quarter of 2025, projecting earnings between $8.5 million to $8.8 million, a 15% increase from the first quarter and a 90% increase year-over-year. The shares will trade on the NYSE American under the symbol 'STXS' with delivery of initial shares estimated around July 18, 2025. Details about risks involved in investing, potential future financial performance, and other forward-looking statements are addressed in the document, emphasizing the uncertainty in earnings and investment risks.
Additional details:
Shares Offered: 6250000
Offering Price Per Share: 2
Total Proceeds Estimate: 12800000
Initial Shares: 4250000
Initial Closing Date: 2025-07-18
Additional Shares: 2000000
Additional Closing Date: 2025-11-25
Use Of Proceeds: ["working capital","research and development","general corporate purposes"]
Common Stock Symbol: STXS
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