July 30, 2025 7:26pm

PRME closed up +$0.09 or +2.35% to $3.92 with an aftermarket indication of -$0.42 or -10.7143% to $3.50

No numbers, wonder why … desperate straits <see The Bottom Line>

TD Cowen and BMO Capital Markets are acting as joint book-running managers for the proposed offering.


The usual … PRME to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock offered in the public offering.

The Bottom Line: pieces of the stats puzzle – desperate straits

  • Revenue: $3.85M
  • Past Q Cash: $144.26 M
  • Debt: $121.15 M
  • 52-week High: 5.94 on 07/31/24  
  • 52-week Low: 1.11 on 05/22/25
  • 52-week change: -31.73%
  • Market Cap: 527.224M
  • 50-day moving average: 2.6133
  • 200-day moving average: 2.6688
  • 10 Day Average Volume: 4.79M
  • Float: 61.32 shares
  • Shares short: 21.66 M
  • Short % of Float (7/15/2025): 33.51%
  • Shares Outstanding: 134.5 M
  • % held by insiders: 23.65%
  • % held by institutions:55.46%
  • Beta: 2.32
  • YTD % Change: -34.25%