Business Context and Reporting Period
This Form 8-K Current Report was filed by Daxor Corporation (DXR) on January 23, 2026, with the report date reflecting the earliest event reported on that same day. The filing details a capital raise event executed through a registered direct offering.
Key Financial Metrics
- Capital Raised: The company issued and sold 765,958 shares of common stock.
- Offering Price: Shares were sold at $11.75 per share.
- Net Proceeds: Approximately $8,142,006 after deducting placement agent fees and expenses.
- Closing Date: The transaction closed on January 26, 2026.
- Placement Agent: Lake Street Capital Markets, LLC.
Note: This filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity metrics.
Material Changes
The primary material change is the increase in outstanding common stock and cash assets resulting from the registered direct offering. The shares were registered under the company's shelf registration statement (File No. 333-281622) on Form N-2, which became effective on January 20, 2026.
Guidance, Outlook, and Risks
The filing does not contain forward-looking guidance, management commentary on future operations, or specific risk factors beyond the standard legal disclosures associated with the securities purchase agreement. The transaction was facilitated by a definitive securities purchase agreement and a placement agency agreement, copies of which are filed as Exhibits 10.1 and 10.2.
Investor Verification Checklist
- Verify the exact number of shares issued (765,958) and the dilution impact on existing shareholders.
- Confirm the use of proceeds as detailed in the full Securities Purchase Agreement (Exhibit 10.1).
- Review the specific terms of the placement agency agreement (Exhibit 10.2) to understand fee structures.
- Check the effective date of the shelf registration statement (January 20, 2026) to ensure regulatory compliance.