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Inspira Technologies OXY Commences ~$.75M Offering Of 6.785M Common Shares At $0.70/Share

Benzinga·02/05/2026 13:12:47
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Inspira™ Technologies OXY B.H.N. Ltd. (NASDAQ: IINN, IINNW) ("Inspira," "Inspira Technologies," or the "Company"), a pioneer in innovative life-support and diagnostic technologies, today announced that it has entered into a definitive agreement with a single healthcare-focused, institutional investor for a registered direct offering priced at-the-market under Nasdaq Rules of an aggregate of 6,785,715 ordinary shares (or ordinary share equivalents in lieu thereof) at a purchase price of $0.70 per share. The gross proceeds to the Company from the offering are expected to be approximately $4.75 million, before deducting placement agent commissions and other offering expenses. In addition, in a concurrent private placement, Inspira will issue and sell unregistered warrants to purchase up to 6,785,715  ordinary shares. The warrants will have an exercise price of $0.70 per share, will be exercisable six months following their  issuance and will expire five and a half (5.5) years from the issuance date.