Back to mobile site

Nano-X Imaging prices $8 million direct offering at $1.00 per share

August 6, 2026 8:00 AM EDT

Nano-X Imaging Ltd. (NASDAQ: NNOX) has entered into a securities purchase agreement with a single institutional investor for a registered direct offering of 8,000,000 ordinary shares, or prefunded warrants in lieu thereof, at a combined purchase price of $1.00 per share and accompanying warrant.



The offering includes warrants to purchase up to 8,000,000 additional ordinary shares at an exercise price of $1.15 per share. The warrants become exercisable six months after issuance and expire five years from the closing date.



Gross proceeds are expected to be approximately $8 million before placement agent fees and other offering expenses. The company said it intends to use the net proceeds for working capital and general corporate purposes.



The closing is expected to occur on or about Aug. 7, 2026, subject to customary closing conditions. A.G.P./Alliance Global Partners is acting as sole placement agent for the transaction.



The offering is being made pursuant to a prospectus supplement filed with the Securities and Exchange Commission in connection with the company's shelf registration statement on Form F-3, which was declared effective on March 30, 2026.


You May Also Be Interested In





Related Categories

Equity Offerings