ReWalk Robotics Ltd (RWLK)

[skepticone]

Sounds about right. As I said some time ago, they are reaching for lifelines trying to stay afloat until ReStore sales can start bringing in some money.
Another possibilty is that they are making the offering to comply with 5550(b) making them eligable for the additional 180 days they can get to comply with the $1.00 ...5550(a)

Pulling out all stops at the very last minute. The R/S vote may serve as a backstop in case they can't get CE mark and FDA approval/clearance in time to bring share price up.

So, in summary...CE mark and FDA approval should raise PPS. Will it happen in time for 24 April deadline (must be at 1.00 for 10 days, so 14 April??)
Will it bring it high enough?
In the mean time they vote on 27 Mar for R/S approval, in case they need it because PPS isn't high enough.
Also in the mean time they notify of FUTURE offering, in case they don't comply with 5550(b). They make the offering to be in compliance and then request the 180 extention in order to met the 1.00

From the 14-A...

Additionally, the Company may be eligible for a second 180 -day period to satisfy Rule 5550(a)’s minimum bid price requirement, if, as of April 24, 2019, the Company continues to have a market value of publicly held shares of at least $1 million and meets all other initial listing standards of the Nasdaq Capital Market (with the exception of the bid price requirement).