Beamr Imaging (BMR) Prices 1.71M Share Offering at $7/sh
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Beamr Imaging Ltd. Announces Pricing of $12 Million Public Offering
February 12, 2024 8:02 PM ESTHerzliya, Israel, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Beamr Imaging Ltd. (Nasdaq: BMR) (Beamr or the Company), a leader in video optimization technology, today announced the pricing of an underwritten public offering of 1,714,200 ordinary shares. Each ordinary share is being sold at a public offering price of $7.00 per share for gross proceeds of approximately $12 million, before deducting underwriting discounts and offering expenses. All of the ordinary shares are being offered by the Company. In addition, Beamr has granted the underwriters a 45-day option to purchase up to an additional 257,100 ordinary shares to cover over-allotments at the public offering... More
