m_and_a
confidence high
sentiment neutral
materiality 0.90
Lifeward completes acquisition of Oratech Pharma, issues shares and convertible notes
Lifeward Ltd.
- Lifeward completed acquisition of Oratech Pharma on March 25, 2026, issuing 2,256,476 ordinary shares and pre-funded warrants to Oramed.
- Issued $10,000,000 aggregate principal amount of senior secured convertible notes and warrants in a private placement.
- Directors Dr. John William Poduska and Randel Richner resigned effective March 25, 2026.
- Appointed Nadav Kidron, Miriam Kidron, and Yehuda Reznick as new directors, expanding board from five to eight.
- Entered into a First Amendment and Assignment to assign Oratech Pharma rights to Oratech Ltd.
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