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Stock impact report

Microbot Medical Inc. Announces Closing of $10.0 Million Registered Direct Offering of Common Stock

Microbot Medical Inc. (MBOT) 
Last microbot medical inc. earnings: 11/14 03:34 pm Check Earnings Report
US:NASDAQ Investor Relations: microbotmedical.com/investors
Company Research Source: GlobeNewswire
HINGHAM, Mass., Dec. 31, 2019 (GLOBE NEWSWIRE) -- Microbot Medical Inc. (Nasdaq:MBOT) closed its previously announced registered direct offering of 900,901 shares of its common stock at a purchase price of $11.10 per share for total gross proceeds of approximately $10.0 million, before deducting placement agent fees and offering expenses. Microbot currently intends to use the net proceeds from this offering for the continuous development and regulatory activities for its SCS device for the treatment of hydrocephalus and NPH; continue the development of the Company’s LIBERTY robotic system, including its expansion through addition of complementary assets to it either through internal development, in-license or acquisitions; expand and develop additional applications deriving from its existing IP portfolio, either through internal development, in-license or acquisition; and for working capital and other general corporate purposes. H.C. Wainwright & Co. acted as the exclusive placeme Show less Read more
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