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Stock impact report

Impact BioMedical Inc. Issues Shareholder Letter Highlighting Recent Achievements and Strategic Vision [Yahoo! Finance]

Impact BioMedical, Inc. (IBO) 
Company Research Source: Yahoo! Finance
is also pursuing new products to expand its portfolio, with its Laetose and 3F platforms available for immediate partnering. The company reported net income of $4,241,000, with year-to-date net income of $2,363,000 as of September 30, 2024, and an increase in shareholder equity from $28.26 million to $34.56 million, representing growth of approximately $0.54 per share. Impact BioMedical discovers, confirms, and patents unique science and technologies, which can be developed into new offerings in biopharmaceuticals and consumer healthcare and wellness, in collaboration with external partners through research, licensing, co-development, joint ventures, and other relationships. Impact BioMedical successfully launched its IPO, raising $4.5 million in capital, with 1.5 million shares freely tradable on the NYSE, and the remaining 10 million shares restricted from trading until March 2025. The company is well-positioned to drive long-term value for its shareholders, and will provide Show less Read more
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