trending Market Intelligence /marketintelligence/en/news-insights/trending/DQAojWk3MN3pkCv7zCFzKg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Microbot Medical to raise $3M in direct offering

COVID-19 Pandemic Likely To Cause US Telemedicine Boom

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Microbot Medical to raise $3M in direct offering

Microbot Medical Inc. is selling 455,323 shares to an institutional investor for $6.50 each, for anticipated gross proceeds of nearly $3 million.

Hingham, Mass.-based Microbot, a medical device company, expects to close the direct offering on or about Jan. 16, subject to closing conditions.

Proceeds from the transaction will be used for the development of the company's Self Cleaning Shunt device for treating hydrocephalus and normal pressure hydrocephalus, among others.

H.C. Wainwright & Co. serves as the exclusive placement agent for the offering.