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DarioHealth Announces $28.6 Million Private Placement
closed a private placement transaction with accredited investors, including healthcare funds and institutions from the U.S. and Israel
pre-funded warrants to purchase 824,689 shares of common stock at an exercise price of $0.0001 per share. The purchase price per share was equal to $7.47, or the "Minimum Price," pursuant to Nasdaq Rule 5635(d) as of July 28, 2020, and the purchase price of each pre-funded warrant was $7.4699.
The adoption rate of digital therapeutics has been accelerated by the current pandemic.
https://www.prnewswire.com/news-releases...
Twitter:
Ben Rabizadeh
$DRIO HUGE bullish raise $29M in financing now positions them to grow rapidly in the $OTRK $LVGO $TDOC telehealth space! 🚀
This was not a bad offering out of desperation but rather a good offering to fuel the increased demand.
Insider buying-sec fillings 4k
closed a private placement transaction with accredited investors, including healthcare funds and institutions from the U.S. and Israel
pre-funded warrants to purchase 824,689 shares of common stock at an exercise price of $0.0001 per share. The purchase price per share was equal to $7.47, or the "Minimum Price," pursuant to Nasdaq Rule 5635(d) as of July 28, 2020, and the purchase price of each pre-funded warrant was $7.4699.
The adoption rate of digital therapeutics has been accelerated by the current pandemic.
https://www.prnewswire.com/news-releases...
Twitter:
Ben Rabizadeh
$DRIO HUGE bullish raise $29M in financing now positions them to grow rapidly in the $OTRK $LVGO $TDOC telehealth space! 🚀
This was not a bad offering out of desperation but rather a good offering to fuel the increased demand.
Insider buying-sec fillings 4k
Trade active:
impressive they were able to do a private placement of this size. These are ACCREDITED INVESTORS - i.e. SMART MONEY. $DRIO a medical remote monitoring company. $AAPL, $LVGO are the leaders in a sector with HUGE upside.
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