Motus GI Holdings, Inc. Announces Exercise of Warrants for $2.7 Million Gross Proceeds
Motus GI Holdings, Inc. (MOTS)
Last motus gi holdings, inc. earnings: 3/30 04:05 pm
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motusgi.com
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Source: GlobeNewswire
FORT LAUDERDALE, Fla., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Motus GI Holdings, Inc. (Nasdaq: MOTS, or “Motus” or “the Company”), a medical technology company focused on improving endoscopic outcomes and experiences, today announced that it has entered into a definitive agreement for the immediate exercise of an outstanding Series B common stock purchase warrant held by an institutional investor to purchase an aggregate of 2,933,334 shares of the Company’s common stock for gross proceeds to the Company of approximately $2.7 million. As part of this transaction, the investor agreed to exercise the existing Series B common stock purchase warrant (which was originally issued in December 2023 and had an exercise price of $1.50 per share) at a revised exercise price of $0.925 per share. The shares of common stock issuable upon exercise of the warrant were registered pursuant to an effective registration statement on Form S-1 (No. 333-275121). In consideration for the immediate exercis
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MOTS
News
- Motus GI Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Corporate Update [Yahoo! Finance]Yahoo! Finance
- Motus GI Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Corporate UpdateGlobeNewswire
- EndoSound™ Inc., Appoints Medical Device Commercial Leader Scott Aldrich Jr as Chief Executive OfficerBusiness Wire
- Motus GI Holdings, Inc. Announces Exercise of Warrants for $2.7 Million Gross Proceeds [Yahoo! Finance]Yahoo! Finance
- Motus GI Holdings Granted a U.S. Patent for a Key Feature Embodied by the Pure-Vu® System to Avoid Clogging in Cleansing the GI Tract [Yahoo! Finance]Yahoo! Finance
MOTS
Earnings
- 11/13/23 - Beat
MOTS
Sec Filings
- 4/25/24 - Form 25-NSE
- 4/11/24 - Form 8-K
- 4/3/24 - Form EFFECT
- MOTS's page on the SEC website