Motus GI Holdings, Inc. Announces Exercise of Warrants for $2.7 Million Gross Proceeds

February 22, 2024

https://www.globenewswire.com/news-release/2024/02/22/2833629/0/en/Motus-GI-Holdings-Inc-Announces-Exercise-of-Warrants-for-2-7-Million-Gross-Proceeds.html

FORT LAUDERDALE, Fla., Feb. 22, 2024 (GLOBE NEWSWIRE) — Motus GI Holdings, Inc. (Nasdaq:MOTS, or “Motus” or “the Company”), a medical technology company focused on improving endoscopic outcomes and experiences, today announced that it has entered into a definitive agreement for the immediate exercise of an outstanding Series B common stock purchase warrant held by an institutional investor to purchase an aggregate of 2,933,334 shares of the Company’s common stock for gross proceeds to the Company of approximately $2.7 million.

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