Medigus (MDGS) Prices 3.33M ADS Share Offering at $1.50/ADS

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Medigus (MDGS) Subsidiary Announces Product Breakthrough with Successful Integration of ScoutCam into OR-Ready Wireless Endoscope

May 22, 2020 7:11 AM EDT

Medigus Ltd. (NASDAQ: MDGS) today announced that ScoutCam Inc. (SCTC), the companys subsidiary, presented a breakthrough with the successful integration of its wireless micro ScoutCam into medical endoscope devices, formally introducing the healthcare industrys first operating room-ready wireless endoscope, to the company's knowledge.

The device, which has been cleared for marketing by the U.S. Food and Drug Administration (FDA) and meets the Federal Communications Commission requirements, was developed for a privately held orthopedic company.

ScoutCam believes that the wireless endoscope product revolutionizes the endoscopy industry... More

Medigus (MDGS) Announces Proposed Public Offering of ADSs, Warrants

May 19, 2020 4:08 PM EDT

Medigus Ltd. (NASDAQ: MDGS), a technology company developing minimally invasive tools and an innovator in direct visualization technology, today announced that it intends to offer and sell American Depositary Shares and pre-funded warrants in an underwritten public offering. The offering is subject... More

Medigus (MDGS) Subsidiary ScoutCam receives $2 million investment from Mori Arkin

May 19, 2020 7:47 AM EDT

Medigus Ltd. (NASDAQ: MDGS) (TASE: MDGS), a technology company developing minimally invasive tools and an innovator in direct visualization technology, today announced that ScoutCam Inc. (OTC: SCTC), the Companys subsidiary, entered into and consummated a securities purchase agreement with M. Arkin (1999) Ltd. in connection with an investment of $2,000,000.

Founder and Chairman of Arkin Holdings, Moshe Mori Arkin, is one of Israels most successful life sciences and pharmaceutical... More