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Stock impact report

Ekso Bionics Announces $5.0 Million Registered Direct Offering

Ekso Bionics Holdings, Inc. (EKSO) 
NASDAQ:AMEX Investor Relations: ir.eksobionics.com
Company Research Source: GlobeNewswire
RICHMOND, Calif., Dec. 19, 2019 (GLOBE NEWSWIRE) -- Ekso Bionics Holdings, Inc. (Nasdaq: EKSO) (the “Company”), an industry leader in exoskeleton technology for medical and industrial use, today announced that it has entered into definitive agreements with several institutional investors for the issuance and sale in a registered direct offering of 11,111,116 shares of its common stock and warrants to purchase up to 8,333,337 shares of its common stock, at a combined purchase price of $0.45 per share and associated warrant, for aggregate gross proceeds of approximately $5.0 million. H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering. The warrants will have an exercise price of $0.5402 per share and exercise period commencing six months and one day from the issuance date and a term of five and one-half years. The offering is expected to close on or about December 23, 2019, subject to the satisfaction of customary closing conditions. The Company curre Show less Read more
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