Mainz Biomed Secures $6 Million in Private Placement

Reuters

Feb 17

Mainz Biomed Secures $6 Million in Private Placement

Mainz Biomed NV announced a $6 million private placement through the sale of Convertible Non-Redeemable Preferred Stock to investor David Lazar. The financing will occur in two tranches of $3 million each, with the first closing completed and the second expected before April 15, 2026, pending stockholder approval. Proceeds will fund operations, address liabilities, and support the company's shift to focus on its U.S. pancreatic cancer detection program. David Lazar has been appointed Chairman of the Board.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mainz Biomed NV published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-016890), on February 17, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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