ReWalk Robotics Completes One-for-Twenty-Five Reverse Share Split
GLOBE NEWSWIRE, 29 May 2019
YOKNEAM ILIT, Israel and MARLBOROUGH, Mass., March 29, 2019 (GLOBE NEWSWIRE) — ReWalk Robotics Ltd. (RWLK) (“ReWalk” or the “Company”) reported today that it has completed the reverse share split of ReWalk ordinary share at a ratio of one-for-twenty-five shares, which will take effect on April 1, 2019. The Company also increased its authorized and registered share capital and amended its Articles of Association to reflect the reverse share split and the increase in share capital. Following the reverse share split and increase in authorized share capital, the total number of ordinary shares that the Company is authorized to issue will be 60 million shares, the par value per share of the ordinary shares will be NIS 0.25 and the authorized share capital of the Company will be NIS 15 million.
Article: Why Rewalk Robotics (RWLK) Stock Is Skyrocketing Today
Article - Media, PublicationsWhy Rewalk Robotics (RWLK) Stock Is Skyrocketing Today
Karl Utermohlen, 20 July 2018
Rewalk Robotics (NASDAQ:RWLK) had a good day as the company’s stock was skyrocketing following a revision to the company’s national policies from the U.S. Department of Veterans Affairs (VA)
The Israel-based company said that the aforementioned agency issued a revision to the company’s national policy regarding its exoskeleton medical device training and procurement for qualifying Veterans with spinal cord injury (SCI). The new policy includes additional guidance throughout the evaluation process of this treatment.
Plus, the announcement also means that more veterans will have access to Rewalk Robotics training program locations across the VA network, as well as expanded access to private rehabilitation centers through the company’s Veterans Choice Program
