Microbot Medical raises $5.9M via option exercises
Microbot Medical Inc. reported unregistered sales of its common stock tied to option exercises.
Rhea-AI Filing Summary
Microbot Medical Inc. reported unregistered sales of its common stock tied to option exercises. From August 11 to August 25, 2025, the company issued an aggregate of 2,967,953 shares of common stock upon the exercise of outstanding Series E, Series G, and Series H preferred investment options at exercise prices of $1.50, $1.75, and $2.10 per share, respectively, generating approximately $5.9 million in gross proceeds before fees and expenses. Microbot also issued 47,218 shares of common stock upon the exercise of incentive options by a former director. As of August 25, 2025, the company had approximately 48,513,892 shares of common stock issued and outstanding. The shares were issued as private transactions under Section 4(a)(2) of the Securities Act, and the shares underlying the preferred investment options had been previously registered for resale on Form S-3 registration statements.
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8-K Event Classification
FAQ
What equity transactions did Microbot Medical (MBOT) report in this 8-K?
Microbot Medical reported issuing an aggregate of 2,967,953 shares of common stock from the exercise of Series E, Series G, and Series H preferred investment options, plus 47,218 shares from the exercise of incentive options by a former director.
How much cash did Microbot Medical (MBOT) receive from the option exercises?
The exercises of the Series E, Series G, and Series H preferred investment options generated aggregate gross proceeds to Microbot Medical of approximately $5.9 million before deducting placement agent fees and expenses.
What were the exercise prices of Microbot Medical’s Series E, G, and H options?
The Series E preferred investment options had an exercise price of $1.50 per share, the Series G options had an exercise price of $1.75 per share, and the Series H options had an exercise price of $2.10 per share.
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