Aclarion, Inc. Files for IPO
Ticker: ACONW · Form: S-1 · Filed: Dec 11, 2024 · CIK: 1635077
| Field | Detail |
|---|---|
| Company | Aclarion, INC. (ACONW) |
| Form Type | S-1 |
| Filed Date | Dec 11, 2024 |
| Risk Level | medium |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $0.00001, $0.001, $1.00, $2,500,000, $1.00 m |
| Sentiment | neutral |
Sentiment: neutral
Topics: ipo, sec-filing, s-1
TL;DR
Aclarion is going public, get ready for some new medtech stock!
AI Summary
Aclarion, Inc. filed an S-1 form on December 11, 2024, indicating its intention to go public. The company, formerly known as Nocimed, Inc., is based in Broomfield, Colorado, and operates in the medical laboratories sector. This filing marks a significant step for Aclarion as it prepares to offer its shares to the public market.
Why It Matters
This S-1 filing signals Aclarion's move towards becoming a publicly traded company, which could provide it with capital for expansion and increase its visibility in the medical technology sector.
Risk Assessment
Risk Level: medium — As a company filing for an IPO, Aclarion faces inherent risks associated with market reception, regulatory hurdles, and the competitive landscape of the medical laboratories industry.
Key Numbers
- 20241211 — Filing Date (The date Aclarion, Inc. submitted its S-1 filing to the SEC.)
- 0001635077 — Central Index Key (CIK) (Unique identifier for Aclarion, Inc. in the SEC EDGAR system.)
Key Players & Entities
- Aclarion, Inc. (company) — Filer of the S-1 document
- Nocimed, Inc. (company) — Former name of Aclarion, Inc.
- Broomfield, Colorado (location) — Business and mailing address of Aclarion, Inc.
- 80021 (location) — ZIP code for Aclarion, Inc.'s address
- 833 275 2266 (phone_number) — Business phone number for Aclarion, Inc.
- 20150226 (date) — Date of name change from Nocimed, Inc. to Aclarion, Inc.
- 1933 Act (regulation) — Securities Act under which the S-1 is filed
- 333-283724 (filing_number) — SEC file number for Aclarion, Inc.'s S-1
- 241540012 (film_number) — SEC film number for Aclarion, Inc.'s S-1
FAQ
What is the primary business of Aclarion, Inc.?
Aclarion, Inc. operates in the SERVICES-MEDICAL LABORATORIES sector, with SIC code 8071.
When did Aclarion, Inc. change its name?
The company changed its name from Nocimed, Inc. on February 26, 2015 (20150226).
What is the state of incorporation for Aclarion, Inc.?
Aclarion, Inc. is incorporated in Delaware (DE).
What is the fiscal year end for Aclarion, Inc.?
The fiscal year end for Aclarion, Inc. is December 31 (1231).
What is the SEC file number associated with this S-1 filing?
The SEC file number for this S-1 filing is 333-283724.
Filing Stats: 4,677 words · 19 min read · ~16 pages · Grade level 15.6 · Accepted 2024-12-11 06:01:09
Key Financial Figures
- $0.00001 — ] shares of our common stock, par value $0.00001 per share (the "Common Stock") together
- $0.001 — d to the public in this offering, minus $0.001 per share, and the exercise price of ea
- $1.00 — nimum bid price requirement of at least $1.00 per share (the "Bid Price Requirement")
- $2,500,000 — ) and (ii) requirement to have at least $2,500,000 in stockholders' equity (the "Stockhold
- $1.00 m — Company was not in compliance with the $1.00 minimum bid price requirement set forth i
- $1,642,177 — ompany reported stockholders' equity of $1,642,177, and, as a result, did not satisfy List
- $2,509,785 — 4, and reported stockholders' equity of $2,509,785. ii The Company intends to take all
Filing Documents
- aclarion_s1.htm (S-1) — 2845KB
- aclarion_ex2301.htm (EX-23.1) — 2KB
- aclarion_ex2302.htm (EX-23.2) — 3KB
- aclarion_ex107.htm (EX-FILING FEES) — 37KB
- 0001683168-24-008624.txt ( ) — 7781KB
- acon-20240930.xsd (EX-101.SCH) — 54KB
- acon-20240930_cal.xml (EX-101.CAL) — 51KB
- acon-20240930_def.xml (EX-101.DEF) — 214KB
- acon-20240930_lab.xml (EX-101.LAB) — 386KB
- acon-20240930_pre.xml (EX-101.PRE) — 344KB
- aclarion_s1_htm.xml (XML) — 772KB
Risk Factors
Risk Factors 20 Market and Industry Data 66
Use of Proceeds
Use of Proceeds 6 7 Dividend Policy 68 Capitalization 68
Dilution
Dilution 68 Market Price of and Dividends on Common Equity and Related Stockholder Matters 71
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 72
Business
Business 82 Management, Governance, Director Compensation, Executive Compensation 110 Certain Relationships and Related Party Transactions 121 Principal Stockholders 122
Description of Capital Stock
Description of Capital Stock 123
Description of Securities We Are Offering
Description of Securities We Are Offering 128
Underwriting
Underwriting 137 Legal Matters 141 Experts 141 Change in Accountants 141 Where You Can Find More Information 141 Index to Financial Statements F-1 iv Neither we nor the underwriter has authorized anyone to provide any information or to make any representations other than those contained in or incorporated by reference in this prospectus or in any free writing prospectus prepared by or on behalf of us or to which we have referred you. We and the underwriter take no responsibility for, and can provide no assurance as to the reliability of, any other information that others may give you. This prospectus is an offer to sell only the securities offered hereby, but only under circumstances and in jurisdictions where it is lawful to do so. The information contained in or incorporated by reference in this prospectus or in any applicable free writing prospectus is current only as of its date, regardless of its time of delivery or any sale of shares of our Common Stock. Our business, financial condition, results of operations and prospects may have changed since that date. To the extent there is a conflict between the information contained in this prospectus, on the one hand, and the information contained in any document incorporated by reference filed with the Securities and Exchange Commission, or the SEC, before the date of this prospectus, on the other hand, you should rely on the information in this prospectus. If any statement in a document incorporated by reference is inconsistent with a statement in another document incorporated by reference having a later date, the statement in the document having the late date modifies or supersedes the earlier statement. No action is being taken in any jurisdiction outside the United States to permit a public offering of our Common Stock or possession or distribution of this prospectus in that jurisdiction. Persons who come into possession of this prospectus in jurisdictions outside the United States are req
Forward-Looking Statements ."
Forward-Looking Statements ." We further note that the representations, warranties and covenants made by us in any agreement that is filed as an exhibit to the registration statement of which this prospectus is a part were made solely for the benefit of the parties to such agreement, including, in some cases, for the purpose of allocating risk among the parties to such agreements, and should not be deemed to be a representation, warranty or covenant to you. Moreover, such representations, warranties or covenants were accurate only as of the date when made. Accordingly, such representations, warranties and covenants should not be relied on as accurately representing the current state of our affairs. We may also provide a prospectus supplement or post-effective amendment to the registration statement to add information to, or update or change information contained in, this prospectus. You should read both this prospectus and any applicable prospectus supplement or post-effective amendment to the registration statement together with the additional information to which we refer you in the sections of this prospectus entitled " Where You Can Find More Information ." Our company name was changed from "Nocimed, Inc.", to "Aclarion, Inc." on December 3, 2021. NOCIMED -, NOCISCAN -, NOCIGRAM , NOCISCORE -, NOCICALC - MRS NOCI+ - NOCI- -, NOCImild -NOCIWEB - SI-SCORE, VIRTUAL DISCOGRAM - and the Nocimed logo are our trademarks. All other service marks, trademarks and trade names appearing in this prospectus are the property of their respective owners. We do not intend our use or display of other companies' trade names, trademarks or service marks to imply a relationship with, or endorsement or sponsorship of us by, these other companies. Solely for convenience, trademarks and tradenames referred to in this prospectus may appear without the or symbols, but such references are not intended to indicate in any way that we will not assert, to the fullest extent under applicable