IRADIMED CORPORATION Announces Uplisting to The Nasdaq Global Market
07 Giugno 2024 - 2:30PM
IRADIMED CORPORATION (“Iradimed”) (NASDAQ: IRMD), a leading
provider of innovative magnetic resonance imaging (MRI) compatible
medical devices, announced today its common stock will uplist and
commence trading on the Nasdaq Global Market, effective June 14,
2024, and will continue under the ticker symbol “IRMD.”
Stockholders are not required to take any action due to the
uplisting.
Roger Susi, President and Chief Executive Officer of Iradimed,
expressed his enthusiasm about this significant achievement:
“Iradimed’s advancement to the Nasdaq Global Market is a notable
accomplishment for our company and reflects Iradimed’s continued
growth trajectory and its dedication to delivering value to
stockholders. With its higher listing standards, The Nasdaq Global
Market will enhance our visibility in the marketplace and is
considered a mark of distinction and standing for qualified
companies. Iradimed is honored to be in the class of these
companies and excited to be exposed to a larger audience of
potential new investors.”
Iradimed was previously listed on the Nasdaq Capital Market
following its successful initial public offering in 2014. The
Nasdaq Global Market, known for its stringent financial and
liquidity requirements and high corporate governance standards,
includes the common stock of approximately 1,450 companies.
About IRADIMED CORPORATION
IRADIMED CORPORATION is a leader in developing innovative
Magnetic Resonance Imaging (“MRI”) compatible medical devices. We
design, manufacture, market, and distribute MRI-compatible medical
devices and accessories, disposables, and related services.
We are the only known provider of a non-magnetic intravenous
(“IV”) infusion pump system specifically designed to be safe for
use during MRI procedures. We were the first to develop an infusion
delivery system that largely eliminates many of the dangers and
problems present during MRI procedures. Standard infusion pumps
contain magnetic and electronic components that can create radio
frequency interference and are dangerous to operate in the presence
of the powerful magnet that drives an MRI system. Our patented
MRidium® MRI compatible IV infusion pump system has a non-magnetic
ultrasonic motor, uniquely designed non-ferrous parts, and other
special features to safely and predictably deliver anesthesia and
other IV fluids during various MRI procedures. Our pump solution
provides a seamless approach that enables accurate, safe, and
dependable fluid delivery before, during, and after an MRI scan,
which is important to critically ill patients who cannot be removed
from their vital medications and children and infants who must
generally be sedated to remain immobile during an MRI scan.
Our 3880 MRI-compatible patient vital signs monitoring system
has been designed with non-magnetic components and other special
features to safely and accurately monitor a patient’s vital signs
during various MRI procedures. The Iradimed 3880 system operates
dependably in magnetic fields up to 30,000 gauss, which means it
can operate virtually anywhere in the MRI scanner room. The
Iradimed 3880 has a compact, lightweight design, allowing it to
travel with the patient from their critical care unit to the MRI
and back, resulting in increased patient safety through
uninterrupted vital signs monitoring and decreasing the amount of
time critically ill patients are away from critical care units. The
features of the Iradimed 3880 include wireless ECG with dynamic
gradient filtering; wireless SpO2 using Masimo® algorithms;
non-magnetic respiratory CO2; invasive and non-invasive blood
pressure; patient temperature, and optional advanced multi-gas
anesthetic agent unit featuring continuous Minimum Alveolar
Concentration measurements. The Iradimed 3880 MRI-compatible
patient vital signs monitoring system has an easy-to-use design and
allows for the effective communication of patient vital signs
information to clinicians.
For more information, please visit www.iradimed.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, Section 21E of the Securities Exchange Act of 1934, as
amended, or the Private Securities Litigation Reform Act of 1995.
All statements other than statements of historical facts included
in
this press release are forward-looking statements.
In some cases, forward-looking statements can be identified by
words such as “believe,” “intend,” “expect,” “anticipate,” “plan,”
“potential,” “continue,” or similar expressions. Such
forward-looking statements include risks and uncertainties, and
there are important factors that could cause actual results to
differ materially from those expressed or implied by such
forward-looking statements. These factors, risks, and uncertainties
are discussed in Iradimed’s filings with the Securities and
Exchange Commission. Investors should not place any undue reliance
on forward-looking statements since they involve known and unknown
uncertainties and other factors which are, in some cases, beyond
Iradimed’s control which could, and likely will, materially affect
actual results, levels of activity, performance or achievements.
Any forward-looking statement reflects Iradimed’s current views
with respect to future events and is subject to these and other
risks, uncertainties and assumptions relating to operations,
results of operations, growth strategy and liquidity. Iradimed
assumes no obligation to publicly update or revise these
forward-looking statements for any reason, or to update the reasons
actual results could differ materially from those anticipated in
these forward-looking statements, even if new information becomes
available in the future. The contents of any website referenced in
this press release are not incorporated by reference herein.
Media Contact:John GlennIRADIMED CORPORATION(407)
677-8022InvestorRelations@iradimed.com
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