DealsJun 1, 2026, 04:01 PM
Inspira Technologies Closes $10 Million Private Placement
AI Summary
Inspira Technologies OXY B.H.N. Ltd (IINN) announced the closing of a $10 million private placement of ordinary shares with a new institutional investor. The company raised $10 million in gross proceeds, which will be allocated to working capital and general corporate purposes. A.G.P./Alliance Global Partners served as the exclusive placement agent for the transaction.
Key Highlights
- Inspira Technologies OXY B.H.N. Ltd (IINN) closed a $10 million private placement of ordinary shares.
- The offering involved the sale of 6,666,667 ordinary shares or equivalents.
- Gross proceeds from the offering amounted to $10 million.
- Net proceeds will be used for working capital and general corporate purposes.
- The company engaged A.G.P./Alliance Global Partners as the exclusive placement agent.
- A placement agent fee of 7.0% was paid, along with expense reimbursement up to $50,000 and non-accountable expenses of $12,500.
Price Impact
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