EDAP TMS SA filed an initial ownership report showing that several affiliated Soleus investment entities and Guy Levy are Section 16 reporting persons for the company. The filing discloses an indirect economic exposure via a Total Return Swap referencing 3,132,663 notional american depositary shares, with a conversion or exercise price of 2.2200 and settlement on April 11, 2030. The swap is held by Soleus Capital Master Fund, L.P., with other Soleus entities and Mr. Levy linked through general partner and investment manager roles, and they collectively disclaim beneficial ownership beyond their respective pecuniary interests.
EDAP TMS S.A. (FOCL) reports that the underwriters in its recent equity offering have fully exercised their over-allotment option. The original underwritten public offering consisted of 8,425,000 American Depositary Shares (ADSs), each representing one ordinary share with a nominal value of €0.13, priced at $4.75 per ADS before underwriting discounts and commissions, and closed on August 14, 2026.
On August 14, 2026, the underwriters elected to purchase an additional 1,263,750 ADSs under the 30‑day option. The issuance of these additional ADSs is expected to close on August 19, 2026 and is expected to generate approximately $5.6 million in net proceeds to EDAP TMS S.A., after underwriting discounts and commissions and before estimated offering expenses. The company also filed a legal opinion from Jones Day covering the validity of the ordinary shares and these additional ADSs.
EDAP TMS SA director David R. Horn purchased 10,000 shares of the company’s Common Stock on 2026-08-14 at $4.75 per share in a purchase in open market or private transaction. The position is held as direct ownership, and his holdings after the transaction total 10,000 shares.
Footnotes clarify that “Common Stock” refers to EDAP’s ordinary shares, and that these shares were purchased in connection with an underwritten public offering of American Depositary Shares, with each ADS representing one ordinary share.
EDAP TMS SA director Fran Schulz purchased 10,000 shares of Common Stock on August 14, 2026 at a price of $4.75 per share in a buy transaction reported as a direct holding. After this purchase, Schulz directly held a total of 15,100 shares. The footnotes state these are ordinary shares acquired in connection with an underwritten public offering of American Depositary Shares, each ADS representing one ordinary share.
EDAP TMS SA director Joshua Levine reported a purchase of common stock. On 2026-08-14, he bought 10,000 ordinary shares (reported as Common Stock) at $4.75 per share. Following this open-market or private transaction, his directly held position increased to 45,000 ordinary shares.
The purchased securities are ordinary shares acquired in connection with an underwritten public offering of American Depositary Shares, with each ADS representing one ordinary share of EDAP TMS SA.
EDAP TMS SA Chief Financial Officer Kenneth S. Mobeck purchased 5,000 shares of Common Stock on August 14, 2026 at $4.75 per share, in a transaction described as a purchase in the open market or a private transaction. After this trade, he directly holds 181,610 ordinary shares. The shares were purchased in connection with an underwritten public offering of American Depositary Shares, with each ADS representing one ordinary share of EDAP TMS SA.
EDAP TMS SA (FOCL) director Lance Willsey purchased 50,000 shares of Common Stock on 2026-08-14 at $4.75 per share in a purchase described as part of an underwritten public offering of American Depositary Shares, each representing one ordinary share. Following this open-market or private purchase, his direct holdings increased to 1,291,780 ordinary shares. The transactions were not reported under a Rule 10b5-1 trading plan.
EDAP TMS SA director and Chief Executive Officer Ryan Rhodes reported an open-market purchase of 21,000 ordinary shares (reported as Common Stock) on 2026-08-14 at $4.75 per share. Following this transaction, Rhodes directly holds 626,649 ordinary shares. The shares were purchased in connection with an underwritten public offering of American Depositary Shares, with each ADS representing one ordinary share.
Sanket Shah, General Counsel & Corporate Secretary of EDAP TMS SA (FOCL), purchased 5,000 shares of the company’s common stock (ordinary shares) on 2026-08-14 at $4.75 per share in connection with an underwritten public offering of American Depositary Shares. Following this open-market/private purchase, Shah directly holds 72,500 ordinary shares.
EDAP TMS SA senior vice president Steven Annen purchased 5,000 ordinary shares (reported as Common Stock) on 2026-08-14 at $4.75 per share in a buy transaction. Following this open-market purchase connected to an underwritten public offering of American Depositary Shares, he directly holds 136,490 ordinary shares.