Lifeward Ltd. announced on June 25, 2025, the pricing of a public offering expected to generate approximately $2.6 million in gross proceeds. The offering includes 4,000,000 ordinary shares and accompanying warrants to purchase up to 4,000,000 ordinary shares.
The combined public offering price is $0.65 per ordinary share and associated ordinary warrant. The warrants will have an exercise price of $0.65 per ordinary share, be exercisable immediately, and expire on the five-year anniversary of the issuance date.
The company intends to use the net proceeds from this offering for its continuing commercial efforts, working capital, and general corporate purposes. The closing of the offering is expected to occur on or about June 26, 2025, subject to customary closing conditions.
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