InspireMD Commences Trading on Nasdaq-CM
21 Mai 2021 - 2:30PM
InspireMD, Inc. (Nasdaq-CM: NSPR), developer of the CGuard™ Embolic
Prevention System (EPS) for the prevention of stroke caused by
Carotid Artery Disease (CAD), today announced that the Company’s
shares will commence trading on The Nasdaq Capital Market
(“Nasdaq-CM”), today, May 21, 2021, under the symbol NSPR.
InspireMD CEO Marvin Slosman said, “The trading of our shares on
the Nasdaq Capital Market is a yet another very important step in
the continued evolution of InspireMD as we seek to create improved
awareness of the Company, broaden our shareholder base, and improve
trading liquidity in our efforts to establish a new standard of
care in the treatment of carotid artery disease and stroke
prevention.”
About InspireMD, Inc.
InspireMD seeks to utilize its proprietary MicroNet® technology
to make its products the industry standard for carotid stenting by
providing outstanding acute results and durable, stroke-free,
long-term outcomes.
Forward-looking Statements
This press release contains “forward-looking
statements.” Such statements may be preceded by the words
“intends,” “may,” “will,” “plans,” “expects,” “anticipates,”
“projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,”
“potential” or similar words. Forward-looking statements are not
guarantees of future performance, are based on certain assumptions
and are subject to various known and unknown risks and
uncertainties, many of which are beyond the Company’s control, and
cannot be predicted or quantified and consequently, actual results
may differ materially from those expressed or implied by such
forward-looking statements. Such risks and uncertainties include,
without limitation, risks and uncertainties associated with (i)
market acceptance of our existing and new products, (ii) negative
clinical trial results or lengthy product delays in key markets,
(iii) an inability to secure regulatory approvals for the sale of
our products, (iv) intense competition in the medical device
industry from much larger, multinational companies, (v) product
liability claims, (vi) product malfunctions, (vii) our limited
manufacturing capabilities and reliance on subcontractors for
assistance, (viii) insufficient or inadequate reimbursement by
governmental and other third party payers for our products, (ix)
our efforts to successfully obtain and maintain intellectual
property protection covering our products, which may not be
successful, (x) legislative or regulatory reform of the healthcare
system in both the U.S. and foreign jurisdictions, (xi) our
reliance on single suppliers for certain product components, (xii)
the fact that we will need to raise additional capital to meet our
business requirements in the future and that such capital raising
may be costly, dilutive or difficult to obtain and (xiii) the fact
that we conduct business in multiple foreign jurisdictions,
exposing us to foreign currency exchange rate fluctuations,
logistical and communications challenges, burdens and costs of
compliance with foreign laws and political and economic instability
in each jurisdiction. More detailed information about the Company
and the risk factors that may affect the realization of
forward-looking statements is set forth in the Company’s filings
with the Securities and Exchange Commission (SEC), including the
Company’s Annual Report on Form 10-K and its Quarterly Reports on
Form 10-Q. Investors and security holders are urged to read these
documents free of charge on the SEC’s web site at
http://www.sec.gov. The Company assumes no obligation to publicly
update or revise its forward-looking statements as a result of new
information, future events or otherwise.
Investor Contacts:
Craig ShoreChief Financial OfficerInspireMD,
Inc.888-776-6804craigs@inspiremd.com
CORE IRinvestor-relations@inspiremd.com
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