Koning

Koning

Revolutionary Breast Imaging Technology

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Security Type
Crowd SAFE
Categories
Cannabis & Smoke Products
Min Investment
$100
Location
Norcross, GA
Offering Date
August 12, 2021
Expected Close Date
April 30, 2022
Target Raise
$25.00K-$5.00M
No. Investors
1238
Security Price
$1
Valuation
$100,000,000

Company Description

The Koning Breast CT (KBCT) produces real, high-contrast 3D images of the breast with exceptional spatial resolution, no painful compression, in a rapid 10-second exposure—all at radiation levels in the range of diagnostic mammograms. We excel at diagnostic work ups, post-op monitoring, 3D guided biopsy, neoadjuvant monitoring, implant evaluation, contrast enhancement, and density measurements, especially when it comes to imaging small, dense breasts. 

Key Deal Facts

Commercialized breast-only CT scanner for cancer detection
Assignee & exclusive license rights to over 120 patents globally
FDA PMA approved, CFDA, CE Mark, and global regulatory approvals
6 newly approved dedicated reimbursement codes
Projected global revenue of $16.6M by EoY 2021
Prior raise of $50M, including $20M of grant funding from NIH

Management Team / Advisory Board Bios

Lutao Ning
US CEO, Global COO

David Georges
US President

Matt Stack
CFO

Ruola Ning
Founder, Chairman
Amount Raised : $869,183
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Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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