Precipio Ends At-the-Market Agreement with Alliance Global
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 02 2025
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Termination of ATM Instrument: Precipio has ended its ATM agreement with Alliance Global Partners, indicating a stronger financial position and reduced reliance on external capital raises.
Commitment to Shareholder Value: CEO Ilan Danieli emphasized the company's focus on enhancing shareholder value through this strategic decision, reflecting improved cash flow and financial stability.
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Analyst Views on PRPO
About PRPO
Precipio, Inc. is a healthcare biotechnology company that is focused on cancer diagnostics. The Company’s technologies include HemeScreen and IV-Cell. The HemeScreen panels test for the presence of various mutations. In developing HemeScreen, it focused on improving the economics of providing blood cancer diagnostic tests and reducing laboratory technician time consumed in the testing process. Its technology enables testing to be completed in one rapid scanning process. IV-Cell is a cell culture media that addresses the problem of diagnostic mistakes through the process of selective culturing. IV-Cell is a universal media that enables simultaneous culturing of all four hematopoietic cell lineages. Its product category includes Molecular Kits and IV-Cell Cytogenetics Media. The Molecular Kits include Quantitative MPN Panel, ABL1 Resistance Panel, and others. The Company’s laboratory and research and development (R&D) facilities are located in New Haven, Connecticut and Omaha, Nebraska.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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