Current Report Filing (8-k)
May 26 2023 - 6:02AM
Edgar (US Regulatory)
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2023-05-25
2023-05-25
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported) May 25, 2023
Daxor
Corporation
(Exact
name of registrant as specified in its charter)
New
York |
|
811-22684 |
|
13-2682108 |
(State
or other jurisdiction |
|
(Commission |
|
(IRS
Employer |
of
incorporation) |
|
File
Number) |
|
Identification
No.) |
109
Meco Lane, Oak Ridge, TN |
|
37830 |
(Address
of principal executive offices) |
|
(Zip
Code) |
212-330-8500
Registrant’s
telephone number, including area code
(Former
name or former address, if changed since last report.)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions ( see General Instruction A.2. below):
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered
pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Common
Stock $0.01 par value |
|
DXR |
|
NYSE
AMERICAN |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Potential
persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays
a currently valid OMB control number.
Item
8.01 – Other Events
On
May 25, 2023 Daxor Corporation, the global leader in blood volume measurement technology, announced the closing of its previously
announced underwritten public offering consisting of 410,260 shares of its common stock at a public offering price of $9.75 per share.
In addition, the underwriter was granted a 45-day option (the “Over-Allotment Option”), to purchase an additional 61,539
shares of common stock at the public offering price, less underwriting discounts and commissions. The aggregate gross proceeds to Daxor
from the offering, before deducting the underwriting commissions and other estimated offering expenses payable by Daxor, are expected
to be $4.0 million. All of the shares of common stock sold in the offering were offered by Daxor.
Maxim
Group LLC acted as the sole book-running manager for the offering and Joseph Gunnar & Co., LLC acted as co-manager for the offering.
The
press release issued is attached to this filing as Exhibit 99.1
Item
9.01 Exhibits
(d) |
Exhibits.
The following exhibit is filed with this Current Report on Form 8-K: |
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned, hereunto duly authorized.
|
DAXOR
CORPORATION |
|
(Registrant) |
|
|
Date:
May 25, 2023 |
By: |
/s/
Robert J. Michel |
|
Name: |
Robert
J. Michel |
|
Title: |
Chief
Financial Officer |
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