Microbot Medical Inc (MBOT) has released an update to notify the public and investors about the unregistered sales of equity securities.
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The Company has issued Shares exempt from the Securities Act of 1933 registration requirements, under Section 4(a)(2), due to it being a private transaction. These Shares are not registered and cannot be offered or sold in the United States without either registering them or qualifying for an exemption under the Securities Act and state securities laws.
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For a comprehensive understanding of the announcement, you can read the full document here.