MDGS - Medigus files for $30M mixed shelf offering
2023-05-16 18:07:15 ET
- Medigus ( NASDAQ: MDGS ) has filed for a $30M mixed shelf securities offering.
- The filing does not necessarily indicate that a sale has begun or will occur in the future.
- Shares are down ~8% in after-hours trading Tuesday.
- The medical technology company said the proceeds will be used for working capital, including research and development related purposes, for potential acquisitions, and general corporate purposes.
- The filing can include American Depositary Shares representing ordinary shares, ordinary shares, warrants to purchase American Depositary Shares, subscription rights and units.
- Medigus ( MDGS ) also reported Q1 2023 results earlier Tuesday.
For further details see:
Medigus files for $30M mixed shelf offering