Brainsway Ltd. (BWAY) Announces $20M Private Placement

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Go back to Brainsway Ltd. (BWAY) Announces $20M Private Placement

BrainsWay Announces US$20 Million Private Placement with Valor Equity Partners

September 30, 2024 7:30 AM EDT

Company to leverage capital and Valors expertise for strategic initiatives building market awareness, R&D roadmap, data analysis capabilities, and expanding access to Deep TMS

Purchase price of US$9.51 represents a 20% premium over 30-day VWAP of BrainsWays American Depositary Shares

Valor provides growth equity to technology-enabled companies and currently has $18.9B in assets under management

BURLINGTON, Mass. and JERUSALEM, Sept. 30, 2024 (GLOBE NEWSWIRE) -- BrainsWay Ltd. (NASDAQ & TASE: BWAY) (BrainsWay or the Company), a global leader in advanced noninvasive... More