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RSS FeedsMotus GI Announces Pricing of $20 Million Public Offering of Common Stock
(WorldNews Health)

 
 

27 june 2019 05:07:31

 
Motus GI Announces Pricing of $20 Million Public Offering of Common Stock
(WorldNews Health)
 


FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- Motus GI Holdings, Inc., (NASDAQ: MOTS) (`Motus GI` or the `Company`), a medical technology company dedicated to improving clinical outcomes and enhancing the cost-efficiency of colonoscopy, today announced the pricing of its underwritten registered public offering of 6,666,667 shares of its common stock, offered at a price to the public of $3.00 per share for expected gross proceeds of $20.0 million, before deducting underwriting discounts and commissions and other estimated offering expenses. In addition, Motus GI has granted the underwriters a 30-day option to purchase up to an additional 1,000,000 shares of its common stock on the same terms and...


 
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