DataMeds AI Inc. (NASDAQ: MEDS) delivered a textbook parabolic short squeeze on Wednesday, September 16, 2026, exploding from an open of $4.04 to an intraday high of $12.31 before closing at $6.07 on massive volume.
On September 15, 2026, DataMEDS announced the completed acquisition of Helomics Corporation (a precision oncology platform applying AI to real-world tumor data for drug discovery and cancer treatment decisions. The deal structure was striking for $1.5million in shares and an acquisition note, the company received a certified clinical laboratory, Predictive Oncology’s contract research business, and $1.5 million in cash back (essentially making is a no net cost acquisition of functioning oncology infrastructure).

