tiprankstipranks
Company Announcements

Meditr Tower Ltd. Completes Private Placement of Ordinary Shares

Story Highlights
Meditr Tower Ltd. Completes Private Placement of Ordinary Shares

Meditr Tower ( (IL:MDTR) ) just unveiled an update.

Meditr Tower Ltd. announced the successful completion of a private placement offering, issuing 200 million new ordinary shares priced at NIS 100 each, generating gross proceeds of NIS 200 million. These shares will begin trading on the Tel Aviv Stock Exchange on February 18, 2025, marking a strategic move to enhance the company’s market presence and liquidity.

More about Meditr Tower

Meditr Tower Ltd. operates in the financial sector and focuses on raising capital through private placements and trading of ordinary shares on the Tel Aviv Stock Exchange.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $504M

See more insights into MDTR stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
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