Shell Company NIMU to Reverse Merge with Gravitics, Issuing 95.5% Equity to Acquire Space Structures Business, Plans $40M Offering & Nasdaq Uplisting
Summary
Non-Invasive Monitoring Systems (NIMU) is undergoing a reverse merger with Gravitics, Inc., a space structures company, which will result in existing NIMU shareholders owning only 4.5% of the combined entity. The new company, to be renamed Gravitics Holdings, Inc., plans a $40 million public offering and Nasdaq uplisting, fundamentally changing its business and financial outlook.
Key Events · M&A and Partnerships · NIMU
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Reverse Merger with Gravitics
Non-Invasive Monitoring Systems (NIMU), a shell company, will merge with Gravitics, Inc., a private company specializing in large space structures with $187 million in contracted revenue. The combined entity will be renamed 'Gravitics Holdings, Inc.'.
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Extreme Shareholder Dilution
Existing NIMU stockholders will own not more than 4.5% of the combined company immediately following the merger, indicating a significant dilution of their ownership.
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Planned $40 Million Public Offering
The combined company intends to pursue a public offering of at least $40.0 million, which is a condition for the merger and Nasdaq uplisting. This capital raise is substantial relative to NIMU's current market capitalization.
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Nasdaq Uplisting and Reverse Stock Split
The combined company plans to list its common stock on the Nasdaq Capital Market under the symbol 'GVTX'. This is conditioned on a reverse stock split at a ratio between 1-for-100 and 1-for-500, and the successful public offering.
Analysis · NIMU · Manufacturing
This S-4 filing details a transformational reverse merger for Non-Invasive Monitoring Systems (NIMU), a shell company, with Gravitics, Inc., a private space structures firm. The merger is critical for NIMU's survival, as both entities face going concern issues. While existing NIMU shareholders will experience severe dilution, retaining only 4.5% ownership, the transaction provides a path to acquire an operating business with significant contracted revenue ($187M), raise substantial capital ($40M public offering), and uplist to Nasdaq. This strategic pivot aims to address liquidity challenges and reposition the company in the high-growth commercial space industry.
How filings like this one have moved
In the 30 days to Oct 26, 2026, 45.6% of the 241 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.73%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, NIMU was trading at $0.06 on OTC in the Manufacturing sector, with a market capitalization of approximately $9.3M. The 52-week trading range was $0.00 to $0.09. This filing was assessed with neutral market sentiment and an importance score of 9 out of 10.