Inspira Technologies (IINN) Prices 2.9M Share IPO at $5.51/sh

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Inspira Technologies OXY B.H.N. Ltd Announces Pricing of Initial Public Offering

July 13, 2021 6:50 PM EDT

RA'ANANA, Israel , July 13, 2021 /PRNewswire/ -- Inspira Technologies OXY B.H.N. Ltd (the "Company"), a specialty medical device company engaged in the research, development, manufacture, and marketing of proprietary respiratory support technology, today announced the pricing of its initial public offering of 2,909,091 common units at a combined public offering price of $5.51, each consisting of one ordinary share and one warrant to purchase one ordinary share, with an initial exercise price of $5.50 per share. The gross proceeds of the offering are expected to be $16 million before deducting underwriting discounts, commissions and offering expenses. The offering is... More