Veri MedTech (VRHI) sets firm $4 IPO price for a $15 million Nasdaq raise
As seen on the 24/7 Wall St. homepage on September 14, 2026.
Sixth S-1 amendment fixes the IPO price at $4 for a $15 million Nasdaq raise
Veri MedTech's sixth amendment locks the price at a flat $4 for 3.75 million shares, a $15 million raise with Network 1 Financial Securities running the book. A fixed price rather than a range usually means the deal is close to done, so the Nasdaq debut is the next thing to look for.
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Veri MedTech Holdings has filed its sixth amendment to its S-1 registration statement, setting the offering price at a single fixed figure of $4 per share. When an issuer collapses a range to a single point, it typically means price discovery is complete and the book is effectively built.
At $4 for 3.75 million shares, the deal is sized at $15 million. Network 1 Financial Securities is running the book as the sole underwriter. The relatively modest raise reflects a company at an early stage of its public market journey.
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A sixth amendment is notable in itself. Multiple rounds of S-1 revisions are common, but reaching a sixth before pricing points to substantial back-and-forth with the SEC or refinement of terms before arriving at this final structure. The fixed price now on file is the figure that will govern the offering unless a seventh amendment follows.
The next milestone to track is the effective date of the registration and the formal pricing notice, after which shares would begin trading on Nasdaq. Until that notice is filed, the offering remains registered but not yet priced in the market sense, meaning no shares have actually changed hands at $4 yet.