Medigus (MDGS) Prices 1.14M Registered Direct Offering at $0.67/ADS
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Medigus Announces Pricing of Registered Direct
December 1, 2016 7:30 AM ESTOMER, Israel, Dec. 01, 2016 (GLOBE NEWSWIRE) -- Medigus Ltd. (NASDAQ: MDGS) (TASE: MDGS), a medical device company developing minimally invasive endosurgical tools and a leader in direct visualization technology, today announced that it has entered into a definitive agreement with institutional investors providing for the issuance of 1,139,170 American depositary shares (ADS) at a purchase price per ADS of $0.67 in a registered direct offering.
Concurrently in a private placement, the Company will issue unregistered warrants to purchase up to 398,710 ADSs. The warrants will... More
