424B3FORM 424B3
Jun 1, 2026Final prospectus0001437749-26-019043
All companies
Trade Picard Medical Inc424B4May 6, 2026
Picard Medical closes $17 million IPO, begins trading on NYSE American Picard Medical prices $17 million IPO at $4 per share Picard Medical stock rises in NYSE American debut after IPO EDGAR Filing Documents for 0001829126-25-002253
Picard Medical Inc
PMIPublicArchived
Public / ArchivedUnited States(NYSE)Best valuation $20.04M1 market
Public listing
Listed· NYSE· Listing market: United StatesListing date
Aug 29, 2025
Offer price
Not available
Shares offered
Not available
Offering proceeds
Not available
Sources: sec-harvest, nasdaq
IPO Calendar · NYSEIPO
PMIPrice
$0.2000
24h
+9.83%
Valuation
$20.04M
24h volume
$1.29M
Type
IPO
Trade Picard Medical IncNow trading publicly. Buy via a broker — opens in a new tab.
IPO Calendar · updated 1h ago
Picard Medical Inc IPO public float & lock-up
Public float and locked shares extracted from Picard Medical Inc's SEC prospectus. Shares shown are eligible to trade — lock-up expiry does not mean holders have sold or will sell.
Total shares (FD)
92.04M
Public float
16.67M
Locked
75.38M
IPO raise
—
Next unlock
—
Needs review: Could not extract a detailed lock-up release schedule.
Financials
UnprofitableFrom SEC filings, latest FY ending Dec 31, 2025 · CIK 0002030617.
Revenue · +12.50% YoY
$4.94M
Net income
-$27M
Gross margin
-4.13%
Cash
$7.45M
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | $4.94M | $4.39M | — |
| Gross profit | -$204K | -$112K | — |
| Operating income | -$13.26M | -$13.71M | — |
| Net income | -$27M | -$21.06M | — |
| R&D expense | $3.05M | $3.38M | — |
| Cash & equivalents | $7.45M | $96K | — |
| Total assets | $22.55M | $12.11M | — |
| Total liabilities | $18.76M | $35.84M | — |
| Shareholders' equity | $3.79M | -$44M | -$23.82M |
About Picard Medical Inc
Picard Medical is a medical technology company focused on total artificial heart systems through its SynCardia subsidiary.
What the company does
- Develops, manufactures, and commercializes the SynCardia Total Artificial Heart for patients with advanced or end-stage heart failure.
- Supports hospital-based and portable driver systems used with total artificial heart therapy.
- Works in a specialized cardiovascular device market that requires surgical training, clinical support, regulatory compliance, and manufacturing reliability.
Business profile
Picard Medical operates in medical devices, where clinical outcomes, regulatory approvals, physician adoption, reimbursement, and post-implant support are central.
SEC IPO filings
Final prospectusEDGAR filings resolved from PMI / CIK 0002030617.
May 29, 2026Effective9999999995-26-001814
S-1FORM S-1
May 20, 2026Filed0001437749-26-017949
424B4424B4
May 6, 2026Final prospectus0001829126-26-004627
May 4, 2026Effective9999999995-26-001481
CORRESPfilename1.htm
May 4, 2026SEC correspondence0001829126-26-004417
CORRESPfilename1.htm
May 4, 2026SEC correspondence0001829126-26-004415
S-1/AS-1/A
May 1, 2026Amended0001829126-26-004376
CORRESPfilename1.htm
Apr 30, 2026SEC correspondence0001829126-26-004278
CORRESPfilename1.htm
Apr 30, 2026SEC correspondence0001829126-26-004277
CORRESPfilename1.htm
Apr 27, 2026SEC correspondence0001829126-26-003983
CORRESPfilename1.htm
Apr 27, 2026SEC correspondence0001829126-26-003982
Latest Picard Medical Inc IPO news
Recent sourced articles classified for IPO relevance, with platform-access noise filtered out where possible.
Investing.comIPO filing
Direct coverage that Picard Medical completed its IPO and began trading on NYSE American.
Investing.comIPO filing
Reports IPO pricing for Picard Medical (company going public).
Investing.comIPO filing
Post-listing coverage tied to Picard Medical’s IPO debut on NYSE American.
SECIPO filing
Official SEC index page for Picard Medical’s S-1 filing (IPO registration).
Picard Medical Inc IPO — frequently asked questions
- When did Picard Medical Inc go public?
- Picard Medical Inc completed its IPO on Aug 29, 2025 on NYSE under the ticker PMI and now trades publicly.
- Can I buy Picard Medical Inc stock?
- Yes — Picard Medical Inc is publicly traded on NYSE as PMI. You can follow its live price, valuation and post-IPO performance above.
- What is Picard Medical Inc's valuation?
- Picard Medical Inc's most recent valuation tracked here is $20.04M, derived from live market prices.