10:38 AM EDT, 06/25/2025 (MT Newswires) -- Lifeward ( LFWD ) said Wednesday it has priced a public offering of 4 million ordinary shares and warrants to buy another 4 million shares at $0.65 per share and warrant for gross proceeds of about $2.6 million.

The warrants can be exercised immediately at the same price and will expire five years from the issue date, the company said, adding it could raise an additional $2.6 million if the warrants are fully exercised.

The company said it plans to use the net proceeds for commercial efforts, working capital, and general corporate purposes.

The offering is expected to close around Thursday, pending standard closing conditions, the company said.

Shares of Lifeward ( LFWD ) fell nearly 41% in recent trading.

Price: 0.57, Change: -0.40, Percent Change: -40.90