secwatch.observer — SEC 8-K summary
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Issuer:     Microbot Medical Inc. (MBOT)
CIK:        0000883975
Form:       8-K
Filed at:   2025-10-07T23:59:59+00:00
Accession:  0001493152-25-017212
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Microbot Medical completes final PIO exercise closing, raising $29.2M initial gross proceeds
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- Three closings: $25.2M (first), $1.2M (second), $2.8M (third) – total $29.2M gross proceeds before fees.
- New series J preferred investment options issued; exercise price $4.50, exercisable after 6 months, 2-year term.
- Potential additional ~$63M if series J options fully exercised on a cash basis (no guarantee).
- Net proceeds to fund development/commercialization of LIBERTY Robotic System and for working capital.
- H.C. Wainwright & Co. served as exclusive placement agent for the offering.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/883975/000149315225017212/0001493152-25-017212-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/883975/000149315225017212/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-017212

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer