Corporate ActionAug 7, 2026, 05:24 PM
Nano-X Completes $8.0M Registered Direct Offering
AI Summary
Nano-X Imaging Ltd. has completed its previously reported registered direct offering, raising approximately $8.0 million in gross proceeds. The company sold 8,000,000 ordinary shares (or pre-funded warrants) and 8,000,000 ordinary warrants to a single long-term institutional investor. The net proceeds from the offering are intended for working capital and general corporate purposes.
Key Highlights
- Completed registered direct offering on August 7, 2026.
- Sold 8,000,000 ordinary shares or pre-funded warrants to a single institutional investor.
- Issued 8,000,000 ordinary warrants alongside the shares/warrants.
- Gross proceeds from the offering totaled approximately $8.0 million.
- Net proceeds will be used for working capital and general corporate purposes.
- Pre-funded warrants are immediately exercisable at $0.0001 per share.
- Ordinary warrants are exercisable at $1.15 per share, starting six months post-issuance.
- Placement Agent A.G.P./Alliance Global Partners received a 5.0% cash fee.
Price Impact
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