- InspireMD (NYSEMKT:NSPR) -7.5% premarket on pricing upsized public offering 29,032,258 units at $0.62, for gross proceeds of $18M (or $20.7M if the underwriters exercise their option).
- Each unit consists one share of common stock and one Series G Warrant to purchase one-half of one common share at $0.682/share.
- Offering is expected to close on February 8.
- Underwriters' over-allotment is an additional 4,354,838 units consisting of 4,354,838 common shares and/or 2,177,419 Series G Warrants.
InspireMD shares slide on pricing upsized $18M securities offering
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| Symbol | Last Price | % Chg |
|---|---|---|
| NSPR | - | - |
| InspireMD, Inc. | ||