Nano X Imaging Ltd (NNOX)

[T695]

Here’s your $30 AH

[T695]

Cha Ching

[T695]

$30 coming soon

[T695]

Starting to look interesting here

[ClayTrader]

* * $NNOX Video Chart 09-22-2020 * *

Link to Video - click here to watch the technical chart video

[$treet $inatra]

knocking on $30 sweet bouncer for sure $$$$$

[INTL]

Yes, this was a good one. Already took profits but will keep this one on my radar. Looks like it is about time for the Hindenberg jack asses to show up. GL

[$treet $inatra]

NNOX bounced to 28.80 highs from 22.30 lows so far today. Great trade!

[$treet $inatra]

NNOX shorts targeted it. You trading it bud?

MW is short $NNOX. We conclude that $NNOX has no product to sell other than its stock. Like $NKLA, NNOX appears to have faked its demo video. A convicted felon appears to be behind the IPO. A US partner has been requesting images for 6 months to no avail https://t.co/MNndMYTcd9

— MuddyWatersResearch (@muddywatersre) September 22, 2020

[ClayTrader]

* * $NNOX Video Chart 09-21-2020 * *

Link to Video - click here to watch the technical chart video

[INTL]

Shorts getting plenty of time to take profits. Thought it would hold strong into upcoming catalyst. No position at the moment. GL

[$treet $inatra]

I guess not before it hits those stop losses today..

[$treet $inatra]

retesting 28 level today

[INTL]

Multiple catalyst this week. Will correct. Buy the fear.

[ClayTrader]

* * $NNOX Video Chart 09-18-2020 * *

Link to Video - click here to watch the technical chart video

[$treet $inatra]

Looking good for a bounce today indeed. Got taken to the woodshed yesterday

[crudeoil24]

30.57 > up 8%.

NNOX

[Acecat]

Appears to be in recovery now after the Citron attack.

[ClayTrader]

* * $NNOX Video Chart 09-17-2020 * *

Link to Video - click here to watch the technical chart video

[ClayTrader]

* * $NNOX Video Chart 09-16-2020 * *

Link to Video - click here to watch the technical chart video

[$treet $inatra]

quick bounce play from the lows $$$

[ClayTrader]

* * $NNOX Video Chart 09-15-2020 * *

Link to Video - click here to watch the technical chart video

[$treet $inatra]

shorts now in control lol https://twitter.com/CitronResearch/status/1305862543622242306

[$treet $inatra]

from $68 highs to $35 today. nice pullback to reload ~

[ClayTrader]

* * $NNOX Video Chart 09-14-2020 * *

Link to Video - click here to watch the technical chart video

[ClayTrader]

* * $NNOX Video Chart 09-11-2020 * *

Link to Video - click here to watch the technical chart video

[crudeoil24]

Hopefully NNOX has landed more contracts.

[crudeoil24]

Wow! > $weet upside move!

NNOX

[$treet $inatra]

new higher highs today $$$$$

[crudeoil24]

Definitely long term.

[$treet $inatra]

markets like this one

[$treet $inatra]

thanks bud $NNOX

[crudeoil24]

Digital X-ray enables cost reduction of imaging systems.

[crudeoil24]

Nanox Signs Agreement With SPI Medical For Deployment Of 630 Nanox.ARC Units In Mexico; Agreement Guarantees Minimum Service Fees Of $119M Over Seven Years
7:15 am ET September 9, 2020 (Benzinga) Print
minimum service fees of $119 million to Nanox over seven years aiming to service both public and private sectors

NANO-X IMAGING LTD (NASDAQ:NNOX) (www.nanox.vision) ("Nanox" or the "Company"), an innovative medical imaging technology company, announces it has entered into an exclusive distribution agreement with SPI Medical ("SPI") for the deployment and introduction of Nanox's medical imaging services in Mexico.

SPI Medical, S. A. P. I. de C. V., formerly Spite Medical S.A. de C.V., is a distributor of specialty pharma products and medical devices in Mexico. The company has previously served as distribution partner for medical imaging equipment from Philips, GE, Siemens, Planmed and Toshiba, as well as a distributor of specialty drugs for Merck, Abbott, Bayer, Eli Lilly, PISA and others.

The agreement has an initial term of seven years subject to receiving local regulatory approvals and acceptance test clearance. The parties will collaborate on the deployment and operation of 630 Nanox Systems comprised of the Nanox.ARC and the Nanox.cloud. The parties aim to provide medical imaging services across Mexico at affordable prices for communities of varying socio-economic status, including rural areas.

The Nanox System will offer a range of medical imaging services, from 2D X-ray to 3D Tomosynthesis. Nanox will provide the Nanox Systems to SPI for pilots in the public and private sectors. The services are planned to be offered on a pay-per-scan business model.

According to the agreement and subject to regulatory approval, SPI commits to a minimum annual service fee to Nanox of $17 million per year, guaranteed by a standby letter of credit in favor of Nanox and renewable on an annual basis.

"Mexico represents a real opportunity for Nanox to dramatically change people's lives," stated Ran Poliakine, Chairman and Chief Executive Officer of Nanox. "The agreement with SPI will enable us to help the Mexican population by providing higher accessibility to and affordability of medical imaging and high-volume screening across the country. We want medical imaging to become a ubiquitous and readily available service, such as water or electricity, accessible to all communities everywhere. The SPI team has the experience and knowhow to help us realize this social agenda."

"Nanox has a unique technology and business model," noted Victor Zabaneh, CEO of SPI. "We have been dealing with medical imaging for decades with the aim to improve the standard of care for Mexican people. Nanox has a solution that may potentially become a game changer in increasing available systems for general public use. There is now a real opportunity to make preventive healthcare a reality via early detection imaging services. We are pleased to work with Nanox on such an ambitious project."

© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

[crudeoil24]

SEC > Form 6 out this morning >

NNOX

[crudeoil24]

SEC > Form 6 out this morning >

[$treet $inatra]

Medical imaging startup Nanox raises $165 million on Nasdaq

https://www.timesofisrael.com/medical-imaging-startup-nanox-raises-615-million-on-nasdaq/

Shares surge 21% on first day of trading, bringing valuation of startup that is developing an alternative to X-ray machines to almost $1 billion; tech has not yet got FDA nod
By SHOSHANNA SOLOMON
23 August 2020, 12:11 pm

The Neve Ilan, Israel-based firm Nanox, founded in 2018, is developing nano-technology based new kind of X-ray source (Courtesy).

Israeli medical imaging startup Nano-X Imaging Ltd. (Nanox) raised $165.2 million in an initial public offering on the Nasdaq, and its shares closed up 21% on their first day of trading on Friday, bringing the company valuation to almost $1 billion, even though the firm has not yet received regulatory clearance for its product.

The $18 per share price of the IPO on the Nasdaq Global Market, the mid-cap market tier of the exchange, was at the higher end of the price range the startup had targeted, of between $16 to $18 per share. The shares closed at $21.70 on Friday, bringing the company valuation to $963.3 million.
The Israeli company, based in Neve Ilan, was founded in 2018, and is developing a nano-technology based new type of X-ray. The idea is to create a new digital X-ray device that will replace the standard X-ray machines that have been around since the end of the 1800s.

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The X-ray source developed by the firm is based on a new digital microelectromechanical system (“MEMs”) semiconductor cathode, that the firm believes can achieve the same functionalities as traditional X-ray analog cathodes, while allowing for lower-cost production than existing medical imaging systems, the company said in a prospectus filed with the US Securities and Exchange Commission on July 30.


Israeli entrepreneur Ran Poliakin (Courtesy)
The system is made up of the Nanox.ARC, the digital X-ray device that is matched with the Nanox.Cloud, the company’s cloud-based software to provide end to end imaging services. Subject to receiving regulatory clearances, the first version of the Nanox.ARC that the firm expects to introduce to the market will be a three-dimensional (“3D”) tomosynthesis imaging system, the prospectus said.

The firm has submitted its technology for review to the US Food and Drug Administration for review and is conducting tests as requested. Results are expected to be submitted in the third quarter of 2020.

The firm launched a working prototype of the Nanox.ARC in February 2020 and, if cleared by regulators, it plans to deploy the first Nanox.ARC in the first quarter of 2021. The firm hopes to install at least 1,000 Nanox Systems in the second half of 2021 with the goal to finalize deployment of the initial 15,000 Nanox Systems by 2024, the prospectus said.

Nanox believes its technology can “significantly reduce” the costs of medical imaging systems without sacrificing quality, the prospectus said. The cheaper technology has the potential to increase availability of screening and improve accessibility to early detection of diseases. The integration of the technology with the cloud system will give professionals a “streamlined process” where scanned images are uploaded automatically to the cloud and seen by a human radiology expert who is also assisted by AI algorithms that help review and reach a diagnosis in a “significantly shorter time frame than current diagnostics,” the prospectus said.

The business model envisages a pay-per-scan pricing structure as opposed to hospitals and medical centers buying the machines. The business model “will significantly reduce the price per scan compared to the current global average cost of $300 per scan, and has the potential to commoditize medical imaging services at prices that are affordable to a greater number of people,” the prospectus said.

The company has raised $110 million to date from investors including photography firm Fujifilm, South Korea’s SK Telecom, a wireless telecom operator, according to the database of Start-Up Nation Central, which tracks the industry.

The main shareholders are Ran Poliakine, the founder of the firm, Moshe Moalem and SK Telecom TMT Investment Corp and Affiliates, the prospectus said. Poliakine is a tech entrepreneur and the maker of the Powermat wireless charging solution, as well as the person behind the startup Illumigyn, which uses advanced imaging technology to develop a device to help gynecologists better identify and treat cervical cancer.

[$treet $inatra]

NNOX 21st of August IPO https://www.nanox.vision/