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Red Flags Detected

  • Going Concern (new) — The auditor's report includes a going concern explanatory paragraph, indicating substantial doubt about Precipio's ability to continue operating.
NASDAQ: PRPO Precipio, Inc. 424B5

Precipio prices $1.9M registered direct offering at $0.45/share; net proceeds $1.7M

Filed June 9, 2023 · ~1 min read

Key Changes

  • high

    Precipio is selling 4,125,000 shares at $0.45 per share, plus pre-funded warrants for 319,445 shares, in a registered direct offering.

    The Offering verify on EDGAR →
  • high

    The company estimates net proceeds of approximately $1.7 million, after deducting financial advisor fees and offering expenses.

    Use of Proceeds verify on EDGAR →
  • medium

    Net proceeds will be used for working capital and general corporate purposes, with no specific allocation to any particular use.

    Use of Proceeds verify on EDGAR →

3 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 3, 2026 · How we verify