Check-Cap Ltd. Announces $4.0 Million Registered Direct Offering
Check-Cap Ltd. - Ordinary Share (CHEK)
Last check-cap ltd. - ordinary share earnings: 11/6 08:30 am
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US:NASDAQ Investor Relations:
ir.check-cap.com
Company Research
Source: PR Newswire
ISFIYA, Israel, April 20, 2020 /PRNewswire/ -- Check-Cap Ltd. (the "Company" or "Check-Cap") (NASDAQ: CHEK), (NASDAQ: CHEKZ), a clinical stage medical diagnostics company advancing the development of C-Scan®, the first and only preparation-free screening test to detect polyps before they transform into colorectal cancer, today announced that it has entered into definitive agreements with several institutional and accredited investors for the purchase and sale of 6,666,669 of the Company's ordinary shares, at a purchase price of $0.60 per share, in a registered direct offering. Check-Cap has also agreed to issue to the investors unregistered warrants to purchase up to an aggregate of 6,666,669 ordinary shares. The offering is expected to close on or about April 22, 2020, subject to satisfaction of customary closing conditions. H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.The warrants will have a term of five and one-half years, be exercisable immed
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- Check-Cap Ltd. (NASDAQ: CHEK) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Check-Cap Ltd. (NASDAQ: CHEK) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Check-Cap Ltd. (NASDAQ: CHEK) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Check-Cap Ltd. (NASDAQ: CHEK) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Check-Cap Ltd. (NASDAQ: CHEK) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat