- Medigus ( NASDAQ: MDGS ) on Thursday announced the details of its $1.6M cash capital distribution .
- The firm will distribute cash capital of $0.85 per American depositary share to ADS holders and holders of Nasdaq-listed warrants (on an as exercised basis), as of record date December 20.
- Payment is expected on or about December 28.
- After a ruling from the Israeli Tax Authorities, the payment is not subject to tax withholding in Israel and Medigus ( MDGS ) will pay the cash capital amount in full.
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Medigus announces cash capital distribution of $0.85 per ADS