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Picard Medical Announces Up to $50 Million Senior Secured Debt Financing - Picard Medical (AMEX:PMI)

Summary by Benzinga
TUCSON, Ariz., Dec. 24, 2025 (GLOBE NEWSWIRE) -- Picard Medical, Inc. (NYSE:PMI) ("Picard" or the "Company"), parent company of SynCardia Systems LLC, maker of the world's first total artificial heart approved by both the U.S. FDA and Health Canada, today announced that it has entered into a definitive agreement for a private placement financing of up to $50.0 million aggregate principal amount of senior secured notes due 2028 together with warr…

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Benzinga broke the news in New York, United States on Wednesday, December 24, 2025.
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