Inspira Technologies Announces Private Placement
Ticker: IINNW · Form: 6-K · Filed: Dec 27, 2024 · CIK: 1837493
Sentiment: neutral
Topics: private-placement, financing, shares
TL;DR
Inspira Tech selling 3.95M shares in private placement on Dec 27.
AI Summary
On December 27, 2024, Inspira Technologies Oxy B.H.N. Ltd. entered into securities purchase agreements for a private placement financing. The company agreed to sell 3,950,343 ordinary shares to certain accredited investors.
Why It Matters
This private placement indicates the company is raising capital, which could be used for operational expansion or research and development.
Risk Assessment
Risk Level: medium — Private placements can dilute existing shareholders and the terms of the deal are not fully disclosed.
Key Numbers
- 3,950,343 — Ordinary Shares (Number of shares sold in the private placement)
Key Players & Entities
- Inspira Technologies Oxy B.H.N. Ltd. (company) — Filer of the 6-K report
- December 27, 2024 (date) — Date of the private placement agreement
- 3,950,343 (dollar_amount) — Number of ordinary shares to be sold
FAQ
What is the total amount of capital Inspira Technologies expects to raise from this private placement?
The filing does not specify the total dollar amount of the private placement, only the number of shares being sold.
Who are the accredited investors participating in this private placement?
The filing refers to 'certain accredited investors' but does not name them.
What is the price per share for the ordinary shares in this private placement?
The filing does not disclose the price per share for the private placement.
What will the proceeds from this private placement be used for?
The filing does not detail the intended use of the proceeds from the private placement.
When is the closing date for this private placement?
The filing does not specify the closing date for the private placement.
Filing Stats: 1,197 words · 5 min read · ~4 pages · Grade level 12.4 · Accepted 2024-12-27 16:13:36
Key Financial Figures
- $0.70 — value per share, at a purchase price of $0.70 per share (the “Ordinary Shares&r
- $0 — Shares”), at a purchase price of $0.70, less $0.001 per Pre-Funded Warrant.
- $0.001 — o;), at a purchase price of $0.70, less $0.001 per Pre-Funded Warrant. In addition, th
- $1.10 — 8,715 Ordinary Shares at an exercise of $1.10 per share (the “Ordinary Warrant
- $3.2 million — ult in gross proceeds to the Company of $3.2 million. The Company intends to use the net pro
Filing Documents
- ea0226021-6k_inspira.htm (6-K) — 21KB
- ea022602101ex99-1_inspira.htm (EX-99.1) — 219KB
- ea022602101ex99-2_inspira.htm (EX-99.2) — 90KB
- ea022602101ex99-3_inspira.htm (EX-99.3) — 89KB
- ea022602101ex99-4_inspira.htm (EX-99.4) — 73KB
- ea022602101ex99-5_inspira.htm (EX-99.5) — 10KB
- 0001213900-24-113079.txt ( ) — 503KB
SIGNATURES
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. Inspira Technologies Oxy B.H.N. Ltd. Date: December 27, 2024 By: /s/ Dagi Ben-Noon Name: Dagi Ben-Noon Title: Chief Executive Officer 3