trending Market Intelligence /marketintelligence/en/news-insights/trending/n9dj_vxbhmbdrkpw0x1tjg2 content esgSubNav
In This List

Israel's InspireMD closes common stock offering

Blog

A Pharmaceutical Company Capitalizes on M&A Activity with Brokerage Research

Blog

2021 Year in Review: Highlighting Key Investment Banking Trends

Blog

Insight Weekly: US stock performance; banks' M&A risk; COVID-19 vaccine makers' earnings

Blog

Global M&A By the Numbers: Q3 2021


Israel's InspireMD closes common stock offering

Tel Aviv, Israel's InspireMD Inc. closed an underwritten public offering of 1 million common shares, priced at $3 per share.

Upon closing of the offering, the company issued warrants to buy 60,000 common shares to the underwriter's designees. The warrants are immediately exercisable at $3.75 per share.

H.C. Wainwright & Co. is acting as the sole book-running manager. The underwriter was granted an option to buy up to an additional 150,000 shares.

The healthcare technology company previously said it will use some of the proceeds to redeem its preferred stock and to fund general corporate purposes.