Nano-X Imaging Ltd. - NNOX STOCK NEWS

NANO-X IMAGING LTD (NASDAQ: NNOX) announced the pricing of its underwritten public offering of 3,091,635 ordinary shares at $62.50 per share, expected to close around February 16, 2021. Notably, the company will not sell any shares nor receive proceeds from this offering, as it involves non-officer, non-director shareholders. Cantor Fitzgerald & Co. and Oppenheimer & Co. are the lead managers for the offering. The SEC has declared the necessary registration effective, with final prospectus copies available through specified channels.

Nano-X Imaging Ltd (NASDAQ: NNOX) announced a proposed underwritten public offering of 2,891,322 ordinary shares by non-officer, non-director shareholders. The company will not receive any proceeds from this sale. The offering is subject to market conditions and comes amid ongoing developments in Nano-X's innovative medical imaging technology. Cantor Fitzgerald & Co. and Oppenheimer & Co. are leading the offering, while a registration statement has been filed but not yet become effective. No assurances are made regarding the timing or completion of the sale.

Nanox Imaging (NNOX) has announced the appointment of three senior executives: Jim Dara as Chief Operating Officer, Ofir Koren as Chief Technology Officer, and Tamar Aharon as Chief Marketing Officer. These additions aim to drive the company's mission to democratize medical imaging. Nanox plans to begin deploying its Nanox.ARC technology in the latter half of 2021, pending regulatory approval. The leadership team is expected to provide diverse expertise, enhancing Nanox's capabilities in launching innovative medical imaging solutions.

NANO-X IMAGING LTD (NASDAQ: NNOX) announces participation in the Virtual 39th Annual J.P. Morgan Healthcare Conference from January 11-14, 2021. CEO Ran Poliakine will present on January 14 at 9:10 AM ET, available via live webcast. This event aims to showcase Nanox’s innovative medical imaging technology, designed to reduce costs and improve accessibility for healthcare services. Interested parties can access the webcast on Nanox’s website, with a replay available for 90 days post-event.

NANO-X IMAGING LTD (NASDAQ: NNOX) announced an extension of its collaboration with USARAD Holdings to launch a cutting-edge radiology diagnostics service. This service combines over 300 radiologists and 20 FDA-cleared AI algorithms, targeting key healthcare players in the U.S. The initiative follows a prior agreement to deploy 3,000 Nanox.ARC medical imaging systems. With a focus on urgent conditions and routine reviews, the program aims to enhance healthcare quality and affordability while prioritizing urgent cases through advanced algorithms.

NANO-X IMAGING LTD (NNOX) unveiled its next-generation x-ray prototype, Nanox.ARC, at the RSNA Virtual Annual Meeting. The demonstration showcased various 2D and 3D imaging procedures. CEO Ran Poliakine emphasized that the technology could provide medical imaging access to two-thirds of the global population lacking it. The company has secured agreements for over 5,100 Nanox.ARC units and aims to commence deployments as early as mid-2021, pending regulatory approvals. This innovation is expected to enhance preventive healthcare through early disease detection.

NANO-X IMAGING LTD (NASDAQ: NNOX) will showcase its digital x-ray source tube and imaging applications at the RSNA 2020 virtual meeting on December 3, 2020, at 11:30 AM EST. An investor webinar will follow at 2:30 PM EST, featuring key insights from radiologists and a presentation by CEO Ran Poliakine. The event underscores Nanox's commitment to affordable medical imaging through innovative technology aimed at addressing unmet needs in the industry.

NANO-X IMAGING LTD (NASDAQ: NNOX) will showcase its innovative Nanox digital x-ray source tube and applications during the 2020 Radiology Society of North America Virtual Annual Meeting on December 3, 2020. The live demonstration is set for 11:00 AM ET, followed by an investor webinar at 2:00 PM ET featuring clinical applications presented by distinguished radiologists and a Q&A session with CEO Ran Poliakine. This novel technology aims to democratize and enhance the global medical imaging market.

Nano-X Imaging Ltd (NNOX) reported Q3 2020 results, indicating a net loss of $11.1 million, an increase from $1.9 million in Q3 2019. The company ended the quarter with $240 million in cash and no debt. Notably, Nano-X signed an agreement with SPI Medical to deploy 630 Nanox.ARC units across Mexico and Guatemala, increasing total contracts to 5,150 units in 13 countries. The company aims to achieve 15,000 system deployments by 2024. An IPO in August raised around $190 million to support these initiatives.