<a href="https://laohu8.com/S/MBOT">Microbot Medical Inc</a>. Raises $4.2 Million Through Exercise of Series G Options, Issuing Over 2.3 Million Common Shares
Microbot Medical Inc. has issued a total of 2,395,715 shares of its common stock at a par value of $0.01 per share. These shares were issued upon the exercise of outstanding Series G preferred investment options by their holders at an exercise price of $1.75 per share. The transaction generated gross proceeds of approximately $4.2 million before deducting placement agent fees and expenses. These shares were issued under the exemption provided by Section 4(a)(2) of the Securities Act of 1933 and were registered for resale on a Registration Statement on Form S-3.
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