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BrainsWay (NASDAQ: BWAY) makes $3M strategic bet on Radial Health

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(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

BrainsWay Ltd. announced a $3 million minority equity investment in Radial Health, Inc. as part of Radial’s Series A financing. Radial operates a management services organization that supports a leading network of Brain Medicine clinics, providing clinical infrastructure, reimbursement tools and an AI-guided decision support platform.

The financing is expected to support Radial’s exploration of M&A opportunities. BrainsWay describes this stake as part of a broader strategy to secure minority positions in high-performing mental health provider networks, expanding awareness of and access to its noninvasive Deep TMS treatments, which currently have three FDA-cleared indications.

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Strategic investment $3 million Minority equity investment in Radial Health, Inc. as part of Radial's Series A financing
FDA-cleared indications three indications Number of FDA-cleared indications for BrainsWay's Deep TMS platform
Founding year 2003 Year BrainsWay was founded
Deep Transcranial Magnetic Stimulation medical
"proprietary Deep Transcranial Magnetic Stimulation (Deep TMS™) platform technology"
A noninvasive medical therapy that uses focused magnetic pulses to stimulate brain regions deeper than standard transcranial magnetic stimulation; think of it as a magnetic “tuning fork” placed outside the head to gently nudge deeper neural circuits. It matters to investors because its clinical effectiveness, regulatory approvals, device manufacturing, and insurance coverage determine market size and revenue potential for companies that make or sell the equipment and treatment services.
management services organization financial
"Radial, a management services organization supporting a leading network"
A management services organization (MSO) is a company that handles non-clinical, back-office functions for healthcare practices or other businesses—things like billing, staffing, IT, compliance and purchasing—so the licensed professionals can focus on core services. For investors, an MSO can improve efficiency, reduce costs and enable faster growth, but it also creates dependencies and regulatory or operational risks that can affect profitability and valuation.
Brain Medicine medical
"designed to support the delivery of Brain Medicine treatments, non-invasive therapies"
forward-looking statements regulatory
"This press release contains forward-looking statements within the meaning"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What strategic investment did BrainsWay (BWAY) disclose involving Radial Health?

BrainsWay disclosed a $3 million minority equity investment in Radial Health, Inc. The stake was made as part of Radial’s Series A financing and gives BrainsWay exposure to a Brain Medicine clinic network focused on noninvasive psychiatric treatments and supporting technologies.

Who is Radial Health in the context of BrainsWay (BWAY)’s July 2026 news?

Radial Health is described as a management services organization supporting a leading network of Brain Medicine clinics across the United States. It builds clinical infrastructure, reimbursement tools, and an AI-guided decision support platform to enable delivery of noninvasive treatments like Deep TMS and related brain-focused therapies.

How does the Radial Health investment align with BrainsWay (BWAY)’s strategy?

BrainsWay presents the Radial stake as part of a strategic initiative to secure minority equity positions in high-performing mental health provider networks. The goal is to expand awareness of, and patient access to, noninvasive Deep TMS-based mental health treatments offered through its neurostimulation platform.

What does BrainsWay (BWAY) say Radial will use the Series A funding for?

BrainsWay states that the financing is expected to support Radial’s exploration of M&A opportunities. Radial’s CEO adds that the capital will help expand its clinical footprint, strengthen its technology platform, and increase access to innovative, evidence-based Brain Medicine treatment options for patients.

Which mental health indications are cleared for BrainsWay (BWAY)’s Deep TMS platform?

BrainsWay reports that its Deep TMS platform has three FDA-cleared indications: major depressive disorder (including anxious depression), obsessive-compulsive disorder, and smoking addiction. These indications are supported by pivotal clinical studies demonstrating clinically proven efficacy for noninvasive neurostimulation-based treatment.
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of July 2026

Commission File Number: 001-35165

BRAINSWAY LTD.
(Translation of registrant's name into English)

16 Hartum Street RAD Tower, 14th Floor 
Har HaHotzvim
 Jerusalem, 9777516, Israel
(+972-2) 582-4030
 (Address and telephone number of Registrant’s principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [ X ]      Form 40-F [   ]

This Form 6-K is incorporated by reference into the Company's Registration Statements on Form S-8 filed with the Securities and Exchange Commission on April 22, 2019 (Registration No. 333-230979) and on April 20, 2026 (Registration No. 333-295189) and the Company's Registration Statements on Form F-3 filed with the Securities and Exchange Commission on July 22, 2024 (Registration No. 333-280934) and on April 22, 2025 (Registration No. 333-286672).


EXHIBIT INDEX

 

Exhibit Title
   
99.1 BrainsWay Announces Strategic Investment in Radial Health, Inc.
 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

      BRAINSWAY LTD.    
  (Registrant)
   
  
Date: July 20, 2026     /s/ Hadar Levy     
  Hadar Levy
  Chief Executive Officer
  

 

EXHIBIT 99.1

BrainsWay Announces Strategic Investment in Radial Health, Inc.

BrainsWay continues to actively evaluate similar investments in leading North American mental health providers to raise awareness and expand access to transformative care

BURLINGTON, Mass. and JERUSALEM, July 20, 2026 (GLOBE NEWSWIRE) -- BrainsWay Ltd. (NASDAQ & TASE: BWAY) (“BrainsWay” or the “Company”), a global leader in advanced noninvasive brain stimulation technologies, today announced a $3 million minority equity investment in Radial Health, Inc. (“Radial”), a management services organization supporting a leading network of Brain Medicine clinics across the country. The investment was made as part of Radial's previously-announced Series A financing, and BrainsWay joins other leading investors in Radial, including General Catalyst, Floating Point Capital, Solari Capital, JSL Health Capital, Founder Collective, BoxGroup, Scrub Capital, and Diede van Lamoen.

Radial specializes in the development of the clinical infrastructure, reimbursement tools, and AI-guided decision support platform designed to support the delivery of “Brain Medicine” treatments, non-invasive therapies like Deep TMS™ and other solutions. The financing is expected to support Radial’s exploration of various M&A opportunities.

“We are pleased to announce our strategic minority investment in Radial, a mental health services provider that is expanding access to advanced psychiatric care,” said Hadar Levy, BrainsWay’s Chief Executive Officer. “This investment in Radial represents the continued execution of our strategic initiative to secure minority equity positions in high performing mental health provider networks that can help expand awareness of and broaden access to noninvasive mental health treatment.”

“This financing represents an important step forward for Radial as we continue building a national platform for advanced mental health care,” said John Capecelatro, CEO and co-founder of Radial. “We are grateful for the support of BrainsWay and our broader syndicate of investors as we use this capital to expand our clinical footprint, strengthen our technology platform and increase access to innovative, evidence-based Brain Medicine treatment options for patients.”

Advocates Ami Hordes and Sarit Molcho of S. Friedman, Abramson & Co. Law Offices served as lead counsel for BrainsWay on the transaction as well as on the Company’s prior minority stake investments.

About BrainsWay
BrainsWay is a global leader in advanced noninvasive neurostimulation treatments for mental health disorders. The Company is boldly advancing neuroscience with its proprietary Deep Transcranial Magnetic Stimulation (Deep TMS™) platform technology to improve health and transform lives. BrainsWay is the first and only TMS company to obtain three FDA-cleared indications backed by pivotal clinical studies demonstrating clinically proven efficacy. Current indications include major depressive disorder (including reduction of anxiety symptoms, commonly referred to as anxious depression), obsessive-compulsive disorder, and smoking addiction. The Company is dedicated to leading through superior science and building on its unparalleled body of clinical evidence. Additional clinical trials of Deep TMS in various psychiatric, neurological, and addiction disorders are underway. Founded in 2003, with operations in the United States and Israel, BrainsWay is committed to increasing global awareness of and broad access to Deep TMS. For the latest news and information about BrainsWay, please visit www.brainsway.com.

Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words, and also includes any financial guidance and projections contained herein. These forward-looking statements and their implications are based on the current expectations of the management of the Company only and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. In addition, historical results or conclusions from scientific research and clinical studies do not guarantee that future results would suggest similar conclusions or that historical results referred to herein would be interpreted similarly in light of additional research or otherwise. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: risks relating to the Company’s ability to consummate, finance and close proposed or potential investments, inadequacy of financial resources to meet future capital requirements; changes in technology and market requirements; delays or obstacles in launching and/or successfully completing planned studies and clinical trials; failure to obtain approvals by regulatory agencies on the Company’s anticipated timeframe, or at all; inability to retain or attract key employees whose knowledge is essential to the development of Deep TMS products; unforeseen difficulties with Deep TMS products and processes, and/or inability to develop necessary enhancements; unexpected costs related to Deep TMS products; failure to obtain and maintain adequate protection of the Company’s intellectual property, including intellectual property licensed to the Company; the potential for product liability; changes in legislation and applicable rules and regulations; unfavorable market perception and acceptance of Deep TMS technology; inadequate or delays in reimbursement from third-party payers, including insurance companies and Medicare; inability to commercialize Deep TMS, including internationally, by the Company or through third-party distributors; product development by competitors; inability to timely develop and introduce new technologies, products and applications, which could cause the actual results or performance of the Company to differ materially from those contemplated in such forward-looking statements.

Any forward-looking statement in this press release speaks only as of the date of this press release. The Company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws. More detailed information about the risks and uncertainties affecting the Company is contained under the heading “Risk Factors” in the Company’s filings with the U.S. Securities and Exchange Commission.

Contacts: 
BrainsWay:
Ido Marom
Chief Financial Officer
Ido.Marom@BrainsWay.com

Investors:
Jeff Warren
LifeSci Advisors LLC
jwarren@lifesciadvisors.com

Filing Exhibits & Attachments

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