tiprankstipranks
Icecure Medical Announces Equity Distribution Agreement
Company Announcements

Icecure Medical Announces Equity Distribution Agreement

Story Highlights
  • Icecure Medical is selling up to $13,960,500 in shares via an equity distribution agreement.
  • The shares will be validly issued, enhancing Icecure’s financial flexibility and market presence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

Icecure Medical ( (ICCM) ) has issued an announcement.

Icecure Medical Ltd., an Israeli company, has filed a registration statement with the SEC to facilitate the sale of up to $13,960,500 in ordinary shares. This move is part of an equity distribution agreement with Maxim Group LLC. The legal opinion from Sullivan & Worcester Tel-Aviv confirms that the shares will be validly issued once all corporate proceedings are completed, potentially enhancing Icecure Medical’s financial flexibility and market presence.

More about Icecure Medical

YTD Price Performance: 6.10%

Average Trading Volume: 752,558

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $71.49M

Learn more about ICCM stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App