Inspira™ Announces $1.65 Million Registered Direct Offering of Ordinary Shares by Inspira CEO’s Mother with Leading Fund Manager

April 1, 2024

https://www.prnewswire.com/news-releases/inspira-announces-1-65-million-registered-direct-offering-of-ordinary-shares-by-inspira-ceos-mother-with-leading-fund-manager-302104437.html

RA’ANANA, Israel, April 1, 2024 /PRNewswire/ — Inspira Technologies OXY B.H.N. Ltd. (Nasdaq: IINN, IINNW) (the “Company” or “Inspira”), today announced a strategic investment by leading investor, Mr. Ronen Juster, and the mother of Inspira’s Chief Executive Officer, Ms. Margi Ben-Noon. The Company has entered into a definitive agreement for the issuance and sale of an aggregate of 1,339,285 of ordinary shares at a price per share of $1.232, in a registered direct offering. The offering is expected to close on or about April 2, 2024, subject to the satisfaction of customary closing conditions.

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