Beamr Imaging Ltd. Announces Closing of Public Offering and Full Exercise of Underwriter’s Option to Purchase Additional Shares

February 15, 2024

https://www.globenewswire.com/news-release/2024/02/15/2830393/0/en/Beamr-Imaging-Ltd-Announces-Closing-of-Public-Offering-and-Full-Exercise-of-Underwriter-s-Option-to-Purchase-Additional-Shares.html

Herzliya, Israel, Feb. 15, 2024 (GLOBE NEWSWIRE) — Beamr Imaging Ltd. (Nasdaq:BMR) (“Beamr” or the “Company”), a leader in video optimization technology, today announced the closing of its previously announced public offering of 1,971,300 ordinary shares, including 257,100 shares sold upon full exercise of the underwriter’s option to purchase additional shares, at a public offering price of $7.00 per share. Total gross proceeds from the offering, before deducting underwriting discounts and other offering expenses, were approximately $13.8 million. All of the shares were sold by the Company.

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