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NanoVibronix Announces $2.5M Bought Deal Offering

ELMSFORD, N.Y., Aug. 24, 2020 /PRNewswire/ --NanoVibronix, Inc.,(NASDAQ:NAOV), a medical device company that produces the UroShield®, PainShield® and WoundShield®, and WoundShield® Surface

Benzinga · 08/24/2020 21:28

ELMSFORD, N.Y., Aug. 24, 2020 /PRNewswire/ --NanoVibronix, Inc.,(NASDAQ:NAOV), a medical device company that produces the UroShield®, PainShield® and WoundShield®, and WoundShield® Surface Acoustic Wave (SAW) Portable Ultrasonic Therapeutic Devices, announced today that it has entered into an underwriting agreement with H.C. Wainwright & Co., LLC under which the underwriter has agreed to purchase on a firm commitment basis 3,333,334 shares of common stock of the Company, at a price to the public of $0.75 per share, less underwriting discounts and commissions. The closing of the offering is expected to occur on or about August 27, 2020, subject to satisfaction of customary closing conditions.