IceCure Medical Ltd. has announced a rights offering aimed at raising up to $10 million. The offering will provide holders of the company's ordinary shares as of July 9, 2025, with one subscription right per share. Each right allows the holder to subscribe for 0.1703 of a unit, consisting of an ordinary share and a warrant at $1.00 per unit, or alternatively, a unit with a pre-funded warrant at $0.9999 per unit. The rights must be exercised by July 28, 2025. The company's largest shareholder, Epoch Partner Investments Limited, has committed to participate fully, including any over-subscription, up to $5 million. Proceeds from the offering will be used to repay a $2 million bridge loan from Epoch and for general corporate purposes.
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