Medigus begins trading on NASDAQ Capital Market: 5 things to know

Medigus, a developer of minimally invasive endosurgical tools and direct visualization technology, has been listed and has begun trading American depository receipts on the NASDAQ Capital Market. Here are five things to know.

Advertisement

1. Medigus is trading on the NASDAQ Capital Market under the ticker symbol MDGS.

2. Each ADR represents 100 ordinary shares of the company.

3. The Bank of New York Mellon serves as the depository for the ADRs.

4. Ordinary shares, under the symbol MDGS, will continue to trade on the Tel Aviv Stock Exchange.

5. “We’re extremely pleased to be listed on the Nasdaq Stock Market – an important step in our overall corporate development strategy as we look to build awareness of Medigus within the U.S. investment community and expand our presence in the U.S. market,” said Chris Rowland, CEO of Medigus.

More articles on gastroenterology:
GI physician leader to know: Dr. James Scolapio of UF Health
Med DataLink Gastroenterology expands GI test review service
Penn Medicine gastroenterologists receive ASGE Crystal Awards

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Building a High-Performance Cardiac PET Program: What Health Systems Should Consider

Thursday, July 30
12:00 PM - 1:00 PM CDT

Presenters: Rupa Sanghani, MD, FACC, FASNC, Rush University Medical CenterBrendon Loiselle, CDL Nuclear Technologies

Advertisement

Next Up in GI & Endoscopy

Advertisement

Comments are closed.