Co-Diagnostics Amends Equity Distribution Agreement With Maxim Group For Common Stock Sale; May Offer And Sell Up To $7.90M Of Common Stock
-SEC Filing
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Why It Matters
Co-Diagnostics said they can now sell up to $7.90 million of their company's shares through a partner called Maxim Group. When a company sells new shares, it means they're raising money, which can help them grow—but it also means each owner's piece of the company gets a tiny bit smaller.
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