other material
confidence high
sentiment neutral
materiality 0.65
Ekso Bionics raises ~$5.1M net in underwritten public offering of units with warrants
EKSO BIONICS HOLDINGS, INC.
- Issued 3.1M units at $1.00/unit (share + Series A/B warrants) and 2.9M pre-funded units at $0.9990/unit.
- Net proceeds after underwriting discount and expenses were approximately $5.1 million.
- Each Series A and B warrant exercisable at $1.00 per share; pre-funded warrants at $0.001.
- Executive officers and directors subject to 90-day lock-up on common stock sales.
- Underwriter is Craig-Hallum Capital Group.