STOCK TITAN

Nano-X Imaging (Nasdaq: NNOX) raises $8M in registered share and warrant deal

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Nano-X Imaging Ltd. entered into a securities purchase agreement with a single long-term institutional investor for a registered direct offering of 8,000,000 ordinary shares (or equivalents) and warrants to purchase up to 8,000,000 shares at a combined purchase price of $1.00 per share and accompanying warrant. The warrants have an exercise price of $1.15 per share, become exercisable six months after issuance and expire five years after closing, which is expected on or about August 7, 2026, generating expected gross proceeds of approximately $8 million before fees.

The company plans to use net proceeds for working capital and general corporate purposes. It also reports that, while preparing results for the quarter ended June 30, 2026, it has begun a comprehensive impairment assessment of long-lived assets and goodwill with an external appraiser, and notes that final financial results for the period may differ, potentially materially, from preliminary estimates.

Positive

  • None.

Negative

  • Comprehensive impairment review may lead to material charges across long-lived assets and goodwill, and the company cautions that final results for the quarter ended June 30, 2026 may differ, potentially materially, from preliminary estimates.

Filing Explained

If the August 7 offering closes, existing holders face conditional dilution from 8 million shares plus warrants for up to 8 million more.

Nano-X Imaging Ltd. reports through its Form 6-K that it signed an agreement for a registered direct offering of $8 million of gross proceeds, involving 8,000,000 ordinary shares or pre-funded warrants and warrants for up to another 8,000,000 shares. Closing is expected on August 7, 2026, subject to customary conditions; if ordinary shares are issued, the total share count would rise and existing holders’ percentage ownership would decline absent offsetting changes.

A registered direct offering is a negotiated sale of registered securities to a selected investor. The warrants are not shares issued now: they become exercisable six months after issuance, carry a $1.15 exercise price, and expire five years after closing. The pre-funded-warrant alternative would convert into shares when exercised.

The filing also states that the company’s impairment assessment covering all assets, including long-lived assets and goodwill, remains incomplete, with an external appraiser assisting; final results for the quarter ended June 30, 2026 may therefore differ, potentially materially, from preliminary estimates. Its exhibit separately uses the term “substantial doubt” regarding the company’s ability to continue as a going concern, a defined disclosure about funding operations for the next 12 months.

Ordinary shares offered 8,000,000 shares Registered direct offering to a single long-term institutional investor
Warrants offered 8,000,000 warrants Warrants to purchase ordinary shares issued with the offering
Combined purchase price $1.00 per share and warrant Price per ordinary share (or equivalent) plus accompanying warrant
Warrant exercise price $1.15 per share Exercise price for warrants issued in the offering
Gross proceeds $8 million Expected gross proceeds before placement agent fees and expenses
Warrant exercisability delay 6 months Warrants exercisable six months following issuance
Warrant term 5 years Warrants expire five years from the closing date
registered direct offering financial
"purchase and sale of 8,000,000 of the Company’s ordinary shares... in a registered direct offering"
A registered direct offering is a way for a company to sell new shares of its stock directly to select investors with regulatory approval. This method allows the company to raise funds quickly and efficiently without needing a public auction, similar to offering exclusive access to a limited number of buyers. For investors, it often provides an opportunity to purchase shares at a favorable price, while giving the company immediate access to capital.
pre-funded warrants financial
"ordinary shares (or pre-funded warrants in lieu of any portion thereof)"
Pre-funded warrants are financial instruments that give investors the right to purchase a company's stock at a set price, but with most or all of the purchase price paid upfront. They function like a coupon or gift card for stock, allowing investors to buy shares later at a fixed price, which can be beneficial if they want to avoid future price increases. This makes them important for investors seeking flexibility and certainty in their investment plans.
shelf registration statement financial
"a takedown from the Company’s shelf registration statement on Form F-3"
A shelf registration statement is a document a company files with regulators that allows it to sell shares or bonds quickly when it’s a good time to raise money. It’s like having a pre-approved plan ready so the company can act fast without going through lengthy paperwork each time they want to sell, making fundraising more flexible.
impairment assessment financial
"initiated a comprehensive impairment assessment across all of its assets"
going concern financial
"substantial doubt regarding its ability to continue as a going concern"
Going concern is the accounting assumption that a company will keep operating and meeting its obligations for the foreseeable future. The phrase matters most when a company or its auditors disclose substantial doubt about it, a formal warning that the business may not have enough resources to continue without raising money, restructuring, or selling assets. That language in a filing or press release signals elevated financial risk.

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

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FAQ

What are the key terms of Nano-X Imaging (NNOX)'s August 2026 offering?

Nano-X Imaging agreed to sell 8,000,000 ordinary shares (or equivalents) and 8,000,000 warrants at a combined price of $1.00 per share and warrant. The transaction is a registered direct offering with closing expected on or about August 7, 2026, subject to customary conditions.

How much capital will Nano-X Imaging (NNOX) raise in this registered direct offering?

The company expects gross proceeds of approximately $8 million from the offering, before placement agent fees and expenses. It plans to use the net proceeds for working capital and general corporate purposes, providing additional liquidity to support ongoing operations and development.

What are the warrant terms in Nano-X Imaging (NNOX)'s new financing?

Investors receive warrants to purchase up to 8,000,000 ordinary shares with an exercise price of $1.15 per share. The warrants become exercisable six months after issuance, have a five-year term from the closing date, and are issued together with each share or share equivalent.

Why is Nano-X Imaging (NNOX) conducting an impairment assessment?

As part of preparing financial statements for the quarter ended June 30, 2026, Nano-X initiated a comprehensive impairment assessment of all assets, including long-lived assets and goodwill. An external independent appraiser is assisting in evaluating whether events and circumstances require recognition of impairment charges.

How could the impairment assessment affect Nano-X Imaging (NNOX)'s Q2 2026 results?

The company states its final Q2 2026 financial results may differ, potentially materially, from preliminary estimates due to the ongoing impairment assessment. Any required impairment charges on long-lived assets or goodwill could significantly impact reported earnings and asset values for the period.

Under what SEC registration is Nano-X Imaging (NNOX)'s offering being made?

The securities are being sold as a takedown from Nano-X’s shelf registration statement on Form F-3 (File No. 333-294302). That registration, amended March 26, 2026 and declared effective March 30, 2026, is used together with a prospectus supplement for this registered direct offering.

 

 

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 August 2026

 

Commission File Number: 001-39461

 

NANO-X IMAGING LTD

Ofer Tech Park

Petach Tikva, Israel 4970602

(Address of 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   Form 40-F

 

 

 

 

 

CONTENTS

 

Registered Direct Offering

 

On August 5, 2026, NANO-X IMAGING LTD (the “Company,” “Nanox,” “we”, “us” and “our”)) entered into a securities purchase agreement (the “Purchase Agreement”) with a single long-term institutional investor (the “Purchaser”) for the purchase and sale of 8,000,000 of the Company’s ordinary shares, par value NIS 0.01 per share (“ordinary shares”) (or pre-funded warrants in lieu of any portion thereof) and warrants to purchase up to 8,000,000 ordinary shares (the “Warrants”), at a combined purchase price of $1.00 per ordinary share and accompanying Warrant (or $0.9999 per pre-funded warrant and accompanying Warrant), in a registered direct offering. The Warrants have an exercise price of $1.15 per ordinary share, will be exercisable six months following issuance and will expire five years from the closing date. The Purchase Agreement contains customary representations and warranties and agreements of the Company and the Purchaser and customary indemnification rights and obligations of the parties. Closing of the offering is expected to occur on August 7, 2026, subject to the satisfaction of customary closing conditions.

 

Important Note Regarding Preliminary Financial Data

 

The Company updates that, as part of the preparation of its financial statements for the three months ended June 30, 2026, and in accordance with U.S. GAAP, the Company has initiated a comprehensive impairment assessment across all of its assets, including but not limited to long-lived assets and goodwill. In connection with this assessment, the Company has retained an external independent appraiser to assist in evaluating whether identified events and circumstances require the recognition of impairment charges. This assessment is currently ongoing and has not been completed as of the date of this Report of Foreign Private Issuer on Form 6-K. Accordingly, the Company’s final reported financial results for the period may differ, potentially materially, from the preliminary estimates.

 

A copy of the press release related to the offering serves as Exhibit 99.1 to this Report of Foreign Private Issuer on Form 6-K (this “Form 6-K”).

 

This Form 6-K shall not constitute an offer to sell or the solicitation of an offer to buy these securities or any other securities, nor may there be any offer, solicitation or sale of these securities or any other securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

 

Exhibits

 

Exhibit No.   Exhibit
99.1   Press release dated August 6, 2026

 

1

 

 

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.

 

  NANO-X IMAGING LTD
   
  By: /s/ Erez Meltzer
    Name: Erez Meltzer
    Title: Chief Executive Officer and Acting Chairman of the Board

 

Date: August 6, 2026

 

2

 

Exhibit 99.1

 

 

Nano-X Imaging Ltd. Announces Pricing of a $8 Million Registered Direct Offering Priced
At-The-Market Under Nasdaq Rules

 

PETACH TIKVA, Israel, August 6, 2026 /GlobeNewsire/ – Nano-X Imaging Ltd. (Nasdaq: NNOX), (“Nano-X” or the “Company”) an innovative medical imaging technology company, today announced that it has entered into a securities purchase agreement with a single long-term institutional investor for the purchase and sale of 8,000,000 Ordinary Shares (or Ordinary Share equivalents in lieu thereof) (the “Ordinary Shares”) and warrants to purchase up to 8,000,000 Ordinary Shares at a combined purchase price of $1.00 per Ordinary Share and accompanying warrant (the “Offering”). The warrants will have an exercise price of $1.15 per Ordinary Share, will be exercisable six months following issuance and will expire five years from the closing date.

 

The closing of the Offering is expected to occur on or about August 7, 2026, subject to the satisfaction of customary closing conditions. The gross proceeds from the Offering are expected to be approximately $8 million, before deducting placement agent fees and other estimated offering expenses. The Company intends to use the net proceeds from the Offering for working capital and general corporate purposes.

 

A.G.P./Alliance Global Partners is acting as the sole placement agent for the transaction.

 

The Ordinary Shares (or Ordinary Share equivalents in lieu thereof) and warrants to purchase Ordinary Shares are being offered and sold pursuant to a prospectus supplement to be filed with the Securities and Exchange Commission (“SEC”) in connection with a takedown from the Company’s shelf registration statement on Form F-3 (File No. 333-294302), which was amended on March 26, 2026 and declared effective by the Securities and Exchange Commission (“SEC”) on March 30, 2026. The offering is being made only by means of a prospectus supplement and accompanying prospectus which are a part of the effective registration statement. A prospectus supplement and the accompanying prospectus relating to the registered direct offering will be filed with the SEC and will be available on the SEC’s website at www.sec.gov. Additionally, when available, electronic copies of the prospectus supplement and the accompanying prospectus may be obtained from A.G.P./Alliance Global Partners, 590 Madison Avenue, 28th Floor, New York, NY 10022, or by telephone at (212) 624-2060, or by email at prospectus@allianceg.com.

 

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in this warrant inducement transaction, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

 

About Nanox

 

Nanox (NASDAQ: NNOX) is focused on driving the world’s transition to preventive health care by delivering an integrated, end-to-end medical imaging and healthcare services platform.

 

Nanox combines affordable imaging hardware, advanced AI-based solutions, cloud-based software, access to remote radiology, health IT solutions, and a marketplace to enable earlier detection, improved clinical efficiency, and broader access to care.

 

Nanox’s vision is to expand the reach of medical imaging both within and beyond traditional hospital settings by providing a seamless solution from scan to interpretation and beyond. By leveraging proprietary digital X-ray technology, AI-driven analytics, and a clinically driven approach, Nanox aims to enhance the efficiency of routine imaging workflows, support early detection of disease, and improve patient outcomes.

 

 

 

The Nanox ecosystem includes Nanox.ARC, a cost-effective, 3D multi-source digital tomosynthesis imaging system designed for ease of use and scalability; Nanox.AI, a suite of AI-based algorithms that augment the interpretation of routine CT imaging to identify early signs often associated with chronic disease; Nanox.CLOUD, a cloud-based platform for secure data management, storage, and advanced imaging analytics; Nanox.MARKETPLACE and USARAD Holdings, which provides access to remote radiology and cardiology experts and comprehensive teleradiology services; and Nanox Health IT combines deep healthcare IT expertise with leading technology partners to deliver RIS, PACS, AI, dictation, and secure infrastructure solutions that streamline workflows and support safer, more efficient care delivery.

 

By integrating imaging technology, AI, cloud infrastructure, clinical expertise, a marketplace, and health information technology, Nanox seeks to lower barriers to adoption, improve utilization, and advance preventive care worldwide.

 

For more information, please visit https://www.nanox.vision.

 

Forward-Looking Statements

 

This press release may contain forward-looking statements that are subject to risks and uncertainties. All statements that are not historical facts contained in this press release are forward-looking statements. Such statements include, but are not limited to, statements regarding: the Company’s expected use of proceeds from the Offering and the closing of the Offering. In some cases, you can identify forward-looking statements by terminology such as “can,” “might,” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “should,” “could,” “expect,” “predict,” “potential,” or the negative of these terms or other similar expressions. Forward-looking statements are based on information the Company has when those statements are made or management’s good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Factors that could cause actual results to differ materially from those currently anticipated include: risks related to (i) Nanox’s ability to complete development of the Nanox System; (ii) Nanox’s ability to successfully demonstrate the feasibility of its technology for commercial applications; (iii) Nanox’s history of recurring losses and negative cash flows from operating activities, significant future commitments and the uncertainty regarding the adequacy of Nanox’s liquidity to pursue its complete business objectives, and substantial doubt regarding its ability to continue as a going concern; (iv) Nanox’s expectations regarding the necessity of, timing of filing for, and receipt and maintenance of, regulatory clearances or approvals regarding its technology, the Nanox.ARC and Nanox.CLOUD from regulatory agencies worldwide and its ongoing compliance with applicable quality standards and regulatory requirements; (v) Nanox’s ability to realize the anticipated benefits of the acquisitions, which may be affected by, among other things, competition, brand recognition, the ability of the acquired companies to grow and manage growth profitably and retain their key employees; (vi) Nanox’s ability to enter into and maintain commercially reasonable arrangements with third-party manufacturers and suppliers to manufacture the Nanox.ARC; (vii) the market acceptance of the Nanox System and the proposed pay-per-scan business model; (viii) Nanox’s expectations regarding collaborations with third-parties and their potential benefits; (ix) Nanox’s ability to conduct business globally; (x) changes in global, political, economic, business, competitive, market and regulatory forces; (xi) risks related to the current war between Israel and Hamas and any worsening of the situation in Israel; and (xii) risks related to litigation which may result in significant liability and damage to the Company’s reputation. For a discussion of other risks and uncertainties, and other important factors, any of which could cause Nanox’s actual results to differ from those contained in the Forward-Looking Statements, see the section titled “Risk Factors” in Nanox’s Annual Report on Form 20-F for the year ended December 31, 2025, and subsequent filings with the U.S. Securities and Exchange Commission. The reader should not place undue reliance on any forward-looking statements included in this press release. Except as required by law, Nanox undertakes no obligation to update publicly any forward-looking statements after the date of this press release to conform these statements to actual results or to changes in the Company’s expectations.

 

Investors

Mike Cavanaugh, ICR Healthcare

mike.cavanaugh@icrhealthcare.com

 

Media

nanox@icrinc.com

 

 

Filing Exhibits & Attachments

1 document