ReWalk Robotics Announces Pricing of $4.37 Million Public Offering of Ordinary Shares
ReWalk Robotics Ltd. - Ordinary Shares (RWLK)
Last rewalk robotics ltd. - ordinary shares earnings: 2/20 07:45 am
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US:NASDAQ Investor Relations:
ir.rewalk.com/investor-overview
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Source: GlobeNewswire
YOKNEAM ILIT, Israel and MARLBOROUGH, Mass., Feb. 21, 2019 (GLOBE NEWSWIRE) -- ReWalk Robotics Ltd. (Nasdaq: RWLK) (“ReWalk” or the “Company”) today announced the pricing of a public offering of 19,000,000 ordinary shares, offered at a price to the public of $0.23 per share, for gross proceeds of approximately $4.37 million, before deducting placement agent fees and other estimated offering expenses payable by ReWalk. The offering is expected to close on or about February 25, 2018, subject to customary closing conditions. H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering. The offering is being conducted as a “best efforts” offering and the placement agent is not obligated to purchase any securities. ReWalk intends to use the net proceeds from the offering for (i) sales, marketing and reimbursement expenses related to market development activities and broadening third-party payor coverage and (ii) research and development costs related to, in the sho
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