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ReWalk Robotics (RWLK) Prices 3.25M Unit Offering for Proceeds of ~$12.2M

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ReWalk Robotics Announces Pricing of Public Offering of Ordinary Shares and Warrants

October 27, 2016 9:15 AM EDT

YOKNEAM ILIT, Israel and MARLBOROUGH, Mass., Oct. 27, 2016 (GLOBE NEWSWIRE) -- ReWalk Robotics Ltd. (Nasdaq: RWLK) (ReWalk or the Company) today announced that it has priced its underwritten public offering of 3,250,000 units at a price to the public of $3.75 per unit. Each unit consists of one ordinary share of the Company and 0.75 of a warrant to purchase one ordinary share with an exercise price of $4.75. All of the units in the offering are to be sold by ReWalk. The ordinary shares and the warrants will be immediately... More