Nanox Secondary Medical Imaging Prices


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The Israeli medical device company Nanox Imaging Ltd. (Nasdaq: NNOX) pricing a secondary public offering of 3,091,635 at $ 62.50 per share to raise $ 193.2 million. Following the announcement, the company’s share price fell 10.28% on the Nasdaq yesterday to $ 73.54, giving a market value of $ 3.4 billion. The share price has more than quadrupled since the company held its initial public offering (IPO) in August at a company valuation of $ 800 million, and with the former shareholder stakes ban now removed, some shareholders are cashing in. Nanox has confirmed that it will not sell nor take delivery of any new shares. Any proceeds from the sale of its shares, which are offered by the selling shareholders. RELATED MATERIALS Nanox Imaging’s share price has increased 120% since IPO medical imaging company Nanox raised $ 165.2 million in the Nasdaq IPO offering Nanox has developed a lightweight and mobile CT scanner that has a business model based on the unique medical examination as a service (MSaaS) ) To allow for widespread distribution and accessibility, and to charge health service providers using the pay-per-survey service form. The device has not yet received marketing approval from the U.S. Food and Drug Administration (FDA), and in December it was asked to send more information in what was generally a positive evaluation of the scanner. Cantor Fitzgerald & Co., Oppenheimer & Co. acted as joint lead bookkeeping managers for this offer. BTIG and Berenberg serve as joint principal directors and Ladenburg Thalmann & Co. And LifeSci Capital act as co-directors of the show. Headquartered in Neve Ilan near Jerusalem, the company was founded in 2012 by CEO Ran Bulikin. Nanox raised $ 137 million prior to the IPO from investors including SK Telecom of Korea, Industrial Alliance, Yozma Korea, Foxconn, Fuji and Jin Ji Full. In September, Nanox had to put up with two attacks from short sellers Citron Research and Muddy Waters, who claimed the company was a complete fraud. Since then, the company’s market value has risen from $ 1.3 billion to $ 3.4 billion. Posted by Globes, Israel business news – en.globes.co.il – on February 11, 2021 © Copyright Globes Publisher Itonut (1983) Ltd. 2021


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