Microbot Medical Inc. Files S-1/A Amendment
Ticker: MBOT · Form: S-1/A · Filed: Apr 1, 2024 · CIK: 883975
| Field | Detail |
|---|---|
| Company | Microbot Medical Inc. (MBOT) |
| Form Type | S-1/A |
| Filed Date | Apr 1, 2024 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $0.01, $1.15, $6.75 million, $2,154,000, $1,100,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: S-1/A, Microbot Medical, SEC Filing, Amendment, Regulatory
TL;DR
<b>Microbot Medical Inc. has filed an S-1/A amendment on April 1, 2024, providing updated information for regulatory purposes.</b>
AI Summary
Microbot Medical Inc. (MBOT) filed a Amended IPO Registration (S-1/A) with the SEC on April 1, 2024. Microbot Medical Inc. filed an S-1/A amendment on April 1, 2024. The company is incorporated in Delaware (DE). Its fiscal year ends on December 31st. The filing is related to the Securities Act of 1933. The company's business address is in Hingham, MA.
Why It Matters
For investors and stakeholders tracking Microbot Medical Inc., this filing contains several important signals. This filing indicates ongoing regulatory compliance and potential future corporate actions. The S-1/A form suggests the company may be preparing for a securities offering or significant corporate event.
Risk Assessment
Risk Level: low — Microbot Medical Inc. shows low risk based on this filing. The filing is an amendment (S-1/A) which typically updates previously filed information rather than introducing entirely new material risks.
Analyst Insight
Monitor for further amendments or filings that may reveal specific details about the company's strategic direction or financial activities.
Key Numbers
- 2024-04-01 — Filing Date (Date of S-1/A filing)
- 1231 — Fiscal Year End (Company's fiscal year end)
- 0000883975 — Central Index Key (Company's Central Index Key)
- 333-277190 — SEC File Number (SEC File Number for the registration)
Key Players & Entities
- Microbot Medical Inc. (company) — Filer name
- 0000883975 (company) — Central Index Key
- 3841 (regulator) — Standard Industrial Classification
- DE (regulator) — State of Incorporation
- S-1/A (regulator) — Form Type
- 333-277190 (regulator) — SEC File Number
- 24806806 (regulator) — Film Number
- 908-938-5561 (dollar_amount) — Business Phone
FAQ
When did Microbot Medical Inc. file this S-1/A?
Microbot Medical Inc. filed this Amended IPO Registration (S-1/A) with the SEC on April 1, 2024.
What is a S-1/A filing?
A S-1/A is a amendment to an IPO registration statement, typically incorporating SEC feedback. This particular S-1/A was filed by Microbot Medical Inc. (MBOT).
Where can I read the original S-1/A filing from Microbot Medical Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Microbot Medical Inc..
What are the key takeaways from Microbot Medical Inc.'s S-1/A?
Microbot Medical Inc. filed this S-1/A on April 1, 2024. Key takeaways: Microbot Medical Inc. filed an S-1/A amendment on April 1, 2024.. The company is incorporated in Delaware (DE).. Its fiscal year ends on December 31st..
Is Microbot Medical Inc. a risky investment based on this filing?
Based on this S-1/A, Microbot Medical Inc. presents a relatively low-risk profile. The filing is an amendment (S-1/A) which typically updates previously filed information rather than introducing entirely new material risks.
What should investors do after reading Microbot Medical Inc.'s S-1/A?
Monitor for further amendments or filings that may reveal specific details about the company's strategic direction or financial activities. The overall sentiment from this filing is neutral.
How does Microbot Medical Inc. compare to its industry peers?
Microbot Medical Inc. operates in the surgical and medical instruments and apparatus industry.
Are there regulatory concerns for Microbot Medical Inc.?
The filing is made under the Securities Act of 1933, which governs the registration of securities.
Industry Context
Microbot Medical Inc. operates in the surgical and medical instruments and apparatus industry.
Regulatory Implications
The filing is made under the Securities Act of 1933, which governs the registration of securities.
What Investors Should Do
- Review the full S-1/A filing for specific details on any updates or changes.
- Monitor future SEC filings from Microbot Medical Inc. for further developments.
- Research the company's industry and competitive landscape.
Key Dates
- 2024-04-01: S-1/A Filing — Amendment to previous registration statement filed by Microbot Medical Inc.
Year-Over-Year Comparison
This is an amendment (S-1/A) to a previous filing, indicating updates rather than a new initial filing.
Filing Stats: 4,429 words · 18 min read · ~15 pages · Grade level 16.9 · Accepted 2024-04-01 11:42:55
Key Financial Figures
- $0.01 — o 1,005,965 shares of our common stock, $0.01 par value per share, representing share
- $1.15 — stock on the Nasdaq Capital Market was $1.15. Investing in our common stock involv
- $6.75 million — f the SPA and return of the Plaintiffs' $6.75 million purchase price with respect to the Fina
- $2,154,000 — Company paid Plaintiffs an aggregate of $2,154,000 (the "Total Settlement Amount"), consis
- $1,100,000 — d by the Company's insurance carrier of $1,100,000 and 1,005,965 shares of restricted Comp
- $1,054,000 — ated pursuant to the following formula: $1,054,000/[closing price of Company common stock
- $2.20 — 's common stock at an exercise price of $2.20 per share, issued on October 25, 2022,
- $2.075 — 's common stock at an exercise price of $2.075 per share, issued on June 6, 2023, and
- $3.19 — 's common stock at an exercise price of $3.19 per share issued on June 26, 2023 (the
- $1.62 — stock, at a reduced exercised price of $1.62 per share, in consideration for the Com
- $1.50 — 's common stock at an exercise price of $1.50 per share. The closings of the transact
Filing Documents
- forms-1a.htm (S-1/A) — 2030KB
- ex23-1.htm (EX-23.1) — 4KB
- forms-1_001.jpg (GRAPHIC) — 5KB
- fin_001.jpg (GRAPHIC) — 4KB
- fin_002.jpg (GRAPHIC) — 23KB
- 0001493152-24-012211.txt ( ) — 8034KB
- mbot-20230930.xsd (EX-101.SCH) — 60KB
- mbot-20230930_cal.xml (EX-101.CAL) — 64KB
- mbot-20230930_def.xml (EX-101.DEF) — 229KB
- mbot-20230930_lab.xml (EX-101.LAB) — 392KB
- mbot-20230930_pre.xml (EX-101.PRE) — 309KB
- forms-1a_htm.xml (XML) — 1402KB
USE OF PROCEEDS
USE OF PROCEEDS 29 MARKET FOR COMMON STOCK 29 SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS 29
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 30
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 33
BUSINESS
BUSINESS 34 BOARD OF DIRECTORS AND MANAGEMENT 50
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 56 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 62
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 63 SELLING STOCKHOLDERS 64 PLAN OF DISTRIBUTION 65
DESCRIPTION OF CAPITAL STOCK
DESCRIPTION OF CAPITAL STOCK 66 LEGAL MATTERS 70 EXPERTS 70 WHERE YOU CAN FIND MORE INFORMATION 70
FINANCIAL STATEMENTS
FINANCIAL STATEMENTS F-1 i ABOUT THIS PROSPECTUS You should rely only on the information that we have provided in this prospectus and any prospectus supplement that we may authorize to be provided to you. We have not, and the selling stockholders have not, authorized anyone to provide you with different information. No dealer, salesperson or other person is authorized to give any information or to represent anything not contained in this prospectus or any prospectus supplement that we may authorize to be provided to you. If anyone provides you with different or inconsistent information, you should not rely on it. You should assume that the information in this prospectus and any prospectus supplement is accurate only as of the date on the cover of the document, regardless of the time of delivery of this prospectus or any prospectus supplement or any sale of a security. Our business, financial condition, results of operations and prospects may have changed since those dates. We urge you to carefully read this prospectus and any prospectus supplement, together with the information as described under the heading "Where You Can Find More Information." Unless the context indicates otherwise, as used in this prospectus, the terms "we," "us," "our," the "Company" and "Microbot" refer to Microbot Medical Inc., including our directly and indirectly wholly owned subsidiary. Unless the context otherwise requires, the historical business, financial statements and operations of Microbot include Microbot Medical Ltd., an Israeli corporation ("Microbot Israel") which became a wholly-owned subsidiary of the Company on November 28, 2016. We own or have rights to various U.S. federal trademark registrations and applications, and unregistered trademarks and servicemarks, including LIBERTY . All other trade names, trademarks and service marks appearing in this prospectus are the property of their respective