Daxor Corp Completes $8.14M Registered Direct Offering

What Happened Daxor Corporation announced a registered direct offering and on January 26, 2026 closed the sale of 765,958 shares of its common stock at $11.75 per share. The offering, executed under a securities purchase agreement dated January 23, 2026, generated approximately $8,142,006 in net proceeds after placement agent fees and expenses. Lake Street Capital Markets, LLC acted as placement agent. The shares were registered under Daxor’s shelf registration statement (File No. 333-281622), which the SEC declared effective on January 20, 2026.

Key Details

• 765,958 registered shares sold at $11.75 per share.
• Net proceeds to Daxor: approximately $8,142,006 (after fees/expenses).
• Closing date: January 26, 2026; purchase and placement agency agreements executed January 23, 2026.
• Legal opinion on the legality of the common stock filed as Exhibit 5.1 (Foley & Lardner LLP); form agreements filed as Exhibits 10.1 and 10.2.

Why It Matters This transaction provides Daxor with roughly $8.1 million in additional capital, which strengthens the company's liquidity and may fund ongoing operations or strategic needs. Because the offering issued new registered shares, it increases the total shares outstanding and thus has a dilutive effect for existing shareholders. The filing also documents the placement agent arrangement and legal opinion supporting the issuance.