Diligence memo · auto-generated · as of July 3, 2026

Liquid X Printed Metals, Inc.

Liquid X Printed Metals, Inc. looks fair against its niche peers and is at-risk on financing cadence.

WatchOverdue for a raise versus sector cadence — could be a bridge, a down round, or distress. Watch for the next filing.

Businessfiled

Liquid X Printed Metals, Inc. operates in Mining & Resources, based in Pittsburgh.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Liquid X Printed Metals, Inc. has raised $9.5M in disclosed capital across 7 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).

Largest single filing: $2.0M on 2016-11-23.

Most recent recorded round closed around 2022-12-06.

Valuation (modeled)modeled

Provath models Liquid X Printed Metals, Inc. at approximately $4.9M (range $1.2M–$20M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 1.37× the median modeled value of Seed Mining & Resources companies in 2022–2024 (63 peers) — value vs value, same stage and era. Within the normal band (137% of peer median) for its niche.

Financing rhythm & timingmixed

Historic cadence: a new round about every 16 months.

Last raise 3.6 yr ago; this sector typically re-raises about every 11 months.

Past due for a raise versus sector cadence — watch for distress or a bridge.

The last round stepped up 1.0× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 80% of Mining & Resources peers (701 compared).

Modeled value ranks above 66% of those peers.

Closest niche peers: Medusa Mining Ltd, HighGold Mining Inc., Modern Mining Technology Corp., Only Gold Development Ltd Liability Co, Rex Gold Partners, LLC.

Peoplefiled

9 named people on file across officers, directors and signatories.

Risks & flagsmixed

Overdue for a raise versus sector norm — distress or bridge risk.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.