ReWalk Robotics Announces Pricing of Registered Direct Offering for $5 Million
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., June 10, 2019 (GLOBE NEWSWIRE) -- ReWalk Robotics Ltd. (Nasdaq: RWLK) (“ReWalk” or the “Company”) today announced that it has entered into definitive agreements with institutional investors providing for the issuance of approximately 833,334 ordinary shares at a purchase price of $6.00 per ordinary share in a registered direct offering priced at-the-market. ReWalk will also issue unregistered warrants to purchase up to approximately 416,667 ordinary shares. The warrants will have a term of 5.5 years, be exercisable immediately following the issuance date and have an exercise price of $6.00 per ordinary share. The offering is expected to result in gross proceeds of approximately $5 million. H.C. Wainwright & Co. is acting as the exclusive placement agent in connection with this offering. The closing of the sale of the securities is expected to take place on or about June 12, 2019, subject to satisfaction of customary closing condi
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