Inspira Technologies Ups Share Offering to $1.9M
Ticker: IINNW · Form: 6-K · Filed: Apr 10, 2025 · CIK: 1837493
| Field | Detail |
|---|---|
| Company | Inspira Technologies Oxy B.H.N. LTD (IINNW) |
| Form Type | 6-K |
| Filed Date | Apr 10, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: offering, capital-raise, sales-agreement
TL;DR
Inspira ups share offering from $1M to $1.9M via A.G.P. sales agreement.
AI Summary
On April 10, 2025, Inspira Technologies Oxy B.H.N. Ltd. announced an increase in the maximum aggregate offering price of its ordinary shares under its Sales Agreement with A.G.P./Alliance Global Partners. The offering price was raised from $1,019,000 to $1,917,052.
Why It Matters
This filing indicates Inspira Technologies is seeking to raise more capital through its existing sales agreement, potentially for operational expansion or other corporate needs.
Risk Assessment
Risk Level: low — This is a routine update on an existing sales agreement, not a significant event like a major acquisition or a negative earnings surprise.
Key Numbers
- $1.92M — New Offering Price (Increased maximum aggregate offering price under the Sales Agreement.)
- $1.02M — Previous Offering Price (Original maximum aggregate offering price under the Sales Agreement.)
Key Players & Entities
- Inspira Technologies Oxy B.H.N. Ltd. (company) — Registrant
- A.G.P./Alliance Global Partners (company) — Sales Agent
- $1,019,000 (dollar_amount) — Previous maximum aggregate offering price
- $1,917,052 (dollar_amount) — New maximum aggregate offering price
- March 14, 2025 (date) — Date of original Sales Agreement
- April 10, 2025 (date) — Date of this filing and increase announcement
FAQ
What is the purpose of increasing the maximum aggregate offering price?
The filing does not specify the exact purpose, but it indicates the company is increasing the amount of capital it can raise through its existing sales agreement.
When was the original Sales Agreement with A.G.P./Alliance Global Partners entered into?
The original Sales Agreement was dated March 14, 2025.
What type of securities are being offered?
The ordinary shares, no par value, are being offered.
What was the previous maximum aggregate offering price?
The previous maximum aggregate offering price was $1,019,000.
What is the new maximum aggregate offering price?
The new maximum aggregate offering price is $1,917,052.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on April 10, 2025 regarding Inspira Technologies OXY B.H.N. Ltd (IINNW).