ICCM - IceCure Medical prices $15M in stock offering

IceCure Medical (NASDAQ:ICCM) priced an underwritten public offering of 3.31M shares at $3.45/share, pre-funded warrants to purchase up to 1.03M ordinary shares at $3.449/pre-funded warrant. This represents the per share public offering price for the ordinary shares less the $0.001/share exercise price for each such pre-funded warrant. Gross proceeds are expected to be ~$15M. Underwriters granted 45-day option to purchase up to an additional 652,173 ordinary shares. Offering is expected to close on or about Dec.13. Net proceeds to be used for next generation product development, business development, and general corporate purposes.

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IceCure Medical prices $15M in stock offering