Microbot Medical (NASDAQ: MBOT) gets $8.6M from option exercises
Rhea-AI Filing Summary
Microbot Medical Inc. reported that from August 26 to August 27, 2025 it issued 4,055,870 new shares of common stock through the exercise of previously issued preferred investment options. Holders exercised 300,000 Series H options at $2.10 per share and 3,755,870 Series I options at $2.13 per share, providing the company with approximately $8.6 million in gross cash proceeds before fees and expenses. As of August 27, 2025, Microbot Medical had about 52,569,762 common shares outstanding. The company relied on a private offering exemption under Section 4(a)(2), while the shares underlying both the Series H and Series I options had already been registered for resale on prior Form S-3 registration statements.
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Insights
Microbot Medical raised about $8.6M in cash from option exercises, modestly increasing its share count.
Microbot Medical Inc. issued 4,055,870 common shares when holders exercised 300,000 Series H options at
The issuance increased the number of shares outstanding to approximately 52,569,762 common shares as of
Overall, the event combines a capital inflow with dilution of equity. The net effect on investors hinges on how the new cash is used and on future disclosures in periodic reports that will show the balance sheet and share count over time.
FAQ
What did Microbot Medical (MBOT) disclose in this 8-K filing?
Microbot Medical disclosed that from August 26 to August 27, 2025, it issued 4,055,870 shares of common stock upon the exercise of existing preferred investment options, resulting in new cash proceeds to the company.
How many shares did Microbot Medical issue and from which option series?
The company issued a total of 4,055,870 common shares, consisting of 300,000 shares from the exercise of Series H preferred investment options and 3,755,870 shares from the exercise of Series I preferred investment options.
How much cash did Microbot Medical receive from these option exercises?
Microbot Medical received approximately $8.6 million in aggregate gross proceeds from the exercises, before deducting placement agent fees and expenses. The exercise prices were $2.10 per share for the Series H options and $2.13 per share for the Series I options.
How many Microbot Medical shares are outstanding after the transactions?
After these issuances, Microbot Medical had approximately 52,569,762 shares of common stock issued and outstanding as of August 27, 2025.
Were the newly issued Microbot Medical shares registered or unregistered?
The new shares were issued in an unregistered transaction relying on the Section 4(a)(2) exemption as transactions by an issuer not involving any public offering. However, the shares underlying the Series H options were already registered for resale on Form S-3 Registration No. 333-284688, and the shares underlying the Series I options were registered for resale on Form S-3 Registration No. 333-285690.
What securities does Microbot Medical list on the NASDAQ Capital Market?
Microbot Medical lists its common stock, $0.01 par value, under the trading symbol MBOT on the NASDAQ Capital Market.