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Microbot Medical Closes $13M Offering for Expansion

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Microbot Medical Closes $13M Offering for Expansion

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Microbot Medical ( (MBOT) ) has shared an update.

On February 11, 2025, Microbot Medical Inc. announced the closing of a $13 million registered direct offering and a concurrent private placement. The funds raised will support the development and commercialization of the LIBERTY® Robotic System, as well as the expansion of applications from the company’s IP portfolio, which could enhance its market position in the medical technology field.

More about Microbot Medical

Microbot Medical Inc. is a clinical stage medical technology company that aims to improve the quality of care for patients and providers globally. The company has developed the world’s first single-use, fully disposable endovascular robotic system, designed to overcome traditional barriers to advanced robotic systems.

YTD Price Performance: 78.07%

Average Trading Volume: 3,623,276

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $66.16M

Find detailed analytics on MBOT stock on TipRanks’ Stock Analysis page.

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