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Daxor Corporation Announces Closing of $2.1 million Underwritten Public Offering and Exercise of Over-Allotment Option
Fitness

Daxor Corporation Announces Closing of $2.1 million Underwritten Public Offering and Exercise of Over-Allotment Option

Oak Ridge, TN, Nov. 17, 2022 (GLOBE NEWSWIRE) -- DAXOR CORPORATION (Nasdaq: DXR) (“Daxor”, or the “Company”), the global leader in blood volume measurement technology, today announced the closing of its previously announced underwritten public offering consisting of 210,527 shares of its common stock at a public offering price of $9.50 per share. In addition, the underwriter has partially exercised its over-allotment option, purchasing an additional 10,523 shares of common stock at the public offering price, less underwriting discounts and commissions. The aggregate gross proceeds to Daxor from the offering, before deducting the underwriting commissions and other estimated offering expenses payable by Daxor, are expected to be $2.1 million. All of the shares of common stock sold in t...
IBM and Vodafone Join Forces in Exploration of Quantum Computing Technology and Quantum-Safe Cryptography
Technology

IBM and Vodafone Join Forces in Exploration of Quantum Computing Technology and Quantum-Safe Cryptography

Vodafone partners with IBM to prepare for the quantum era of applications in telecommunications. IBM (NYSE: IBM) announced today at the IBM Quantum Summit 2022 that Vodafone Group is collaborating with IBM on quantum-safe cybersecurity, and also joining the IBM Quantum Network, which will give the company cloud access to IBM's advanced quantum computing systems, as well as IBM's industry-leading quantum expertise. The multinational telecommunications company will work with IBM to help validate and progress potential quantum use cases in telecommunications. As part of this collaboration, Vodafone will explore quantum computing for a variety of telco use cases. The company will also advance their employees' skills in quantum technology through iterative prototyping led by IBM, as well as...