Microbot Medical raises $25.2M in first close of PIO exercise; potential total $92.2M

Microbot Medical Inc.

First closing on Sep 16 generated ~$25.2M gross; second closing expected by Oct 15 for ~$4M.
Issued new Series J PIOs to purchase up to 13.99M shares at $4.50/share (exercise starts 6 mo, 2-yr term).
Existing PIOs exercised at $1.50-$2.13/share; new PIOs at $4.50/share, providing potential $63M if fully cashed.
Proceeds to be used for LIBERTY Robotic System development, M&A, IP expansion, and working capital.
On Sep 8, 2025, issued 225k shares upon Series H PIO exercise for $472,500 gross proceeds.

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