Fischer Behar Chen Well Orion & Co advised Check-Cap Ltd. in the deal.
Check-Cap Ltd. completed an offerings of ordinary shares to institutional and accredited investors and concurrent private placements of unregistered warrants for aggregate gross proceeds of US$11.5 million, as well as in a $4.8 million private placement of its ordinary shares.
Check Cap Ltd develops and manufactures medical diagnostic equipment and produces a non-invasive device for detecting rectal polyps, the company offers devices that swallows a tiny sonar-like capsule and transmits to a wrist-worn data that creates a three-dimensional reconstructed image of the colon.
The Fischer Behar Chen Well Orion & Co team was led by Eran Yaniv (Picture), Sharon Rosen and Uri Lampert
Law Firms: Fischer Behar Chen Well Orion & Co;
Clients: Check-Cap Ltd.;