Inspira Technologies (NASDAQ: IINN) lifts share sale limit under A.G.P. deal
Rhea-AI Filing Summary
Inspira Technologies Oxy B.H.N. Ltd. filed a report noting it has increased the maximum aggregate offering price of its ordinary shares that may be issued under its existing Sales Agreement with A.G.P./Alliance Global Partners from $7,117,720 to $9,985,579. This agreement allows the company to sell ordinary shares from time to time, and the change expands the total dollar amount of shares that can be issued through this program.
The company also filed a legal opinion from Sullivan & Worcester Tel-Aviv (Har-Even & Co.) confirming the legality of issuing and selling these ordinary shares under the Sales Agreement. This report is incorporated by reference into multiple existing registration statements on Form F-3 and Form S-8, meaning those registration statements now include this updated at-the-market capacity.
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FAQ
What did Inspira Technologies (IINN) change in its September 2025 Form 6-K?
Inspira Technologies increased the maximum aggregate offering price of its ordinary shares issuable under its Sales Agreement with A.G.P./Alliance Global Partners from $7,117,720 to $9,985,579. This expands the total dollar amount of shares the company may sell through that arrangement.
What is the Sales Agreement mentioned by Inspira Technologies (IINN)?
The Sales Agreement is an arrangement dated March 14, 2025 between Inspira Technologies and A.G.P./Alliance Global Partners that permits the company to issue and sell its ordinary shares, up to a specified aggregate offering price, which has now been increased.
How much can Inspira Technologies (IINN) now offer under its share sales program?
The maximum aggregate offering price of ordinary shares that may be issued and sold under the Sales Agreement has been raised to $9,985,579, up from $7,117,720.
What legal documents did Inspira Technologies (IINN) file with this Form 6-K?
The company filed an opinion of Sullivan & Worcester Tel-Aviv (Har-Even & Co.) as Exhibit 5.1 regarding the legality of issuing and selling the ordinary shares under the Sales Agreement, and a related consent as Exhibit 23.1.
How does this Form 6-K affect Inspira Technologies existing registration statements?
This report is incorporated by reference into Inspira Technologies registration statements on Form F-3 (Nos. 333-266748, 333-284308, 333-289324) and Form S-8 (Nos. 333-259057, 333-277980, 333-285565), so those filings now include the updated information about the increased aggregate offering amount.
Does the Form 6-K state that Inspira Technologies (IINN) is issuing shares immediately?
The report states that the maximum aggregate offering price of ordinary shares issuable under the Sales Agreement has been increased. It describes the capacity for issuance under the agreement rather than announcing a specific share sale.