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Friday, 03/12/2021 9:20:04 AM

Friday, March 12, 2021 9:20:04 AM

Post# of 1471
ReWalk Robitics trades down on secondary stock offering

Mar. 12, 2021 8:28 AM ETReWalk Robotics Ltd. (RWLK)By: Khyathi Dalal,
SA News Editor

ReWalk Robotics (NASDAQ:RWLK) trades 3.5% down premarket after announcing its plan to offer 10.9M shares (par value NIS 0.25 per share) and 6.1M shares issuable on exercise of outstanding warrants by selling shareholders.

The company will not receive any proceeds from the sale of securities; it will receive proceeds of any warrants exercised for cash in the future, which will total up to ~$22.7M.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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