Jul. 20 at 6:23 PM
$MBOT in other “news”, over on the yahoo board a poster mentioned a registered stock sale mid this month. I’m not seeing it. Does anyone else see an S-3?
Quoting the post:
“Microbot Medical (NASDAQ: MBOT) Share Dilution BreakdownWhen it happened: Mid-July 2026What they did: Executed a "registered direct offering" (capital raise), issuing a large block of new shares at a discounted price to institutional investors.Why they did it:Funding the Sanmina Deal: They recently signed a massive contract with global manufacturer Sanmina Corporation to mass-produce the LIBERTY Robotic System. Setting up these commercial assembly lines required immediate, heavy upfront cash.Expanding Sales Teams: They expanded their active sales territories from 8 to 12 to support their reported 100%+ customer growth.Lack of Revenue: Because MBOT is in the very early stages of commercial launch and does not yet generate enough revenue to pay for its own operations, printing new shares was their only option to...”