other material
confidence high
sentiment neutral
materiality 0.50
Lifeward raises $5M in registered direct offering and private warrant issuance
Lifeward Ltd.
- Offers 1,818,183 ordinary shares at $2.75 per share; concurrent warrants for same at $2.75, 3-year term.
- Gross proceeds of approximately $5.0M; net proceeds for commercial efforts, working capital, general corporate purposes.
- Closing expected January 8, 2025; H.C. Wainwright acts as exclusive placement agent with 7% cash fee plus warrants.
- Shares sold under shelf registration (Form S-3 effective May 2022); warrants unregistered and issued under Section 4(a)(2).