April 3 (Reuters) - Asensus Surgical Inc ( ASXC ):

* ASENSUS SURGICAL, INC. ( ASXC ) ANNOUNCES NON-BINDING ACQUISITION

PROPOSAL AND EXCLUSIVITY ARRANGEMENT WITH KARL STORZ SE & CO. KG

* ASENSUS SURGICAL INC ( ASXC ): KARL STORZ' PROPOSAL TO ACQUIRE 100%

OF

ISSUED & OUTSTANDING SHARES OF CO'S' COMMON STOCK FOR $0.35 PER

SHARE IN CASH

* ASENSUS SURGICAL ( ASXC ) - BRIDGE LOAN AGREEMENT WITH KARL STORZ

* ASENSUS SURGICAL INC ( ASXC ) - BRIDGE LOAN WILL ENABLE ASENSUS TO

RECEIVE A LOAN OF UP TO $20 MILLION FROM KARL STORZ

* ASENSUS SURGICAL INC ( ASXC ): IF MERGER AGREEMENT IS SUCCESSFULLY

NEGOTIATED & EXECUTED, ADDITIONAL FUNDING OF UP TO $10 MILLION

TO BE AVAILABLE UNDER BRIDGE LOAN

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