Beamr Imaging Surges 65% Post Nvidia Deal, Eyes $12M Raise

Beamr Imaging’s Shares Soar 65% After Pricing of Public Offering Announcement

Beamr Imaging experienced a remarkable surge in its shares, with a staggering 65% increase to reach $16.45 on Tuesday. The surge came shortly after the company revealed the pricing of its underwritten public offering of 1.7 million ordinary shares. This significant boost follows another impressive surge of 372%, which occurred after Beamr’s partnership announcement with Nvidia, unveiling an automated process for efficiently transferring video libraries into Beamr’s AV1 platform on a large scale.