Brainsway (BRIN) Sees IPO Price of $9 - $11/Share and Warrant

Brainsway (Nasdaq: BRIN) filed an amended registration with the U.S. Securities and Exchange Commission for an Initial Public Offering of its Ordinary Shares. Brainsway plans to sell 1 million shares and 666,667 warrants. Brainsway sees an offering price of $9 - $11 for one ordinary share and accompanying two-thirds of a warrant. Brainsway filed to list on the Nasdaq Capital Market under the ticker "BRIN."

The offering is being made through Roth Capital Partners and Maxim Group, LLC.

Brainsway is a medical device company dedicated to the development and commercialization of our Deep Transcranial Magnetic Stimulation, or Deep TMS, system.

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