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Ekso Bionics Announces Pricing of $6.0 Million Underwritten Public Offering

Aug 30, 2024almost 2 years ago

Contract Type

partnership

San RafaelManufacturingBiotechnologyHealth CareMedical Device

Description

Ekso Bionics Holdings, Inc. announced the pricing of an underwritten public offering of 6,000,000 total units and pre-funded units for gross proceeds of approximately $6.0 million. The net proceeds from this offering will be used for general corporate purposes, growth and expansion of its EksoHealth segment, research and development activities, selling, general and administrative costs, and pursuing strategic initiatives.

Company Information

Company

Ekso Bionics Holdings

Location

San Rafael, California, United States

About

Ekso Bionics® is a leading developer of exoskeleton solutions that amplify human potential by supporting or enhancing strength, endurance and mobility across medical and industrial applications. Founded in 2005, the Company continues to build upon its industry-leading expertise to design some of the most cutting-edge, innovative wearable robots available on the market. Ekso Bionics is the only known exoskeleton company to offer technologies that range from helping those with paralysis to stand up and walk, to enhancing human capabilities on job sites across the globe. The Company is headquartered in the San Francisco Bay Area and is listed on the Nasdaq Capital Market under the symbol “EKSO.” For more information, visit: www.eksobionics.com or follow @EksoBionics on X.

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