other material
confidence high
sentiment positive
materiality 0.75
InspireMD completes full exercise of Series H warrants for $17.9M gross proceeds
InspireMD, Inc.
- Gross proceeds $17.9M; net proceeds $16.9M after fees.
- Warrants exercised after positive one-year C-GUARDIANS trial follow-up.
- Proceeds to fund CGuard Prime CAS delivery system and SwitchGuard TCAR NPS.
- Participants include Marshall Wace, OrbiMed, Rosalind, Nantahala, Soleus, Velan, and Board members.
- First of four milestone-based tranches from May 2023 private placement of up to $113.6M.