Sensus Healthcare (SRTSU) Prices 2M Unit IPO

Sensus Healthcare, Inc. (Nasdaq: SRTSU) announced the pricing of its initial public offering of 2,000,000 units at a public offering price of $5.50 per unit, before underwriting discounts and commission. Each unit consists of one share of common stock, $0.01 par value per share, and a three-year warrant to purchase one share of common stock at an initial exercise price of $6.75 per share. All of the units are being offered by Sensus. In addition, Sensus has granted the underwriters a 45-day option to purchase up to 300,000 additional units at the initial public offering price, less underwriting discounts and commissions. The units will commence trading on The NASDAQ Capital Market on Friday, June 3, 2016, under the ticker symbol "SRTSU." The offering is expected to close on or about June 8, 2016, subject to satisfaction of customary closing conditions.

On or prior to July 25, 2016, the units will separate into each of its components and each such component security will begin trading separately on The NASDAQ Capital Market. The common stock is expected to trade under the symbol "SRTS," while the warrants are expected to trade under the ticker symbol "SRTSW." Sensus will issue a press release announcing the date such separate trading will begin.

Northland Securities, Inc., and Neidiger, Tucker, Bruner, Inc. are acting as joint book-running managers for the offering.

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on June 2, 2016. When available, copies of the final prospectus related to the offering may be obtained from Northland Securities by mail at 750 Third Ave, Suite 2401, New York, NY 10017, by calling: (800) 851-2920, or by email: [email protected].

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