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-0.0194174757281554 -0.0292233009708738 -0.0388349514563106 -0.0388349514563106 -0.0389320388349514 -0.0970873786407767 -0.116504854368932 -0.16504854368932
Stock impact report

Motus GI Holdings, Inc. Announces Exercise of Warrants for $2.7 Million Gross Proceeds [Yahoo! Finance]

Motus GI Holdings, Inc. (MOTS) 
Last motus gi holdings, inc. earnings: 3/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: motusgi.com
Company Research Source: Yahoo! Finance
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 exercise of the existing warrant for cash, the Company has agreed to issue to the investor two new unregistered warrants, each to purchase 2,200,000 and 2,200, Show less Read more
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