ReWalk Robotics Ltd. (NASDAQ:RWLK) Files An 8-K Other Events
Item 8.01 Other Events.
On May 23, 2017, ReWalk Robotics Ltd. (the Company or ReWalk)
received a notice from The Nasdaq Stock Market LLC (Nasdaq)
indicating that Nasdaq approved the Companys application to
transfer the listing of its ordinary shares, par value NIS 0.01
per share (Ordinary Shares), from the Nasdaq Global Market to the
Nasdaq Capital Market, effective May 25, 2017. As a result of the
transfer, the Company is no longer subject to certain
quantitative requirements of the Nasdaq Global Market. The
Companys Nasdaq listing is now subject to the Nasdaq Capital
Market continued listing requirements. This transfer does not
affect the trading of the Companys Ordinary Shares, which will
continue to trade on Nasdaq under the symbol RWLK.
In addition to historical information, this current report on
Form 8-K contains forward-looking statements within the meaning
of the U.S. Private Securities Litigation Reform Act of 1995,
Section 27A of the U.S. Securities Act of 1933, and Section 21E
of the U.S. Securities Exchange Act of 1934. Such forward-looking
statements may include projections regarding ReWalks future
performance and, in some cases, may be identified by words like
anticipate, assume, believe, continue, could, estimate, expect,
intend, may, plan, potential, predict, project, future, will,
should, would, seek and similar terms or phrases. The
forward-looking statements contained in this current report on
Form 8-K are based on managements current expectations, which are
subject to uncertainty, risks and changes in circumstances that
are difficult to predict and many of which are outside of ReWalks
control. Important factors that could cause ReWalks actual
results to differ materially from those indicated in the
forward-looking statements include those discussed under the
heading Risk Factors in ReWalks Annual Report on Form 10-K for
the year ended December 31, 2016, as amended, filed with the U.S.
Securities and Exchange Commission and other documents
subsequently filed with or furnished to the U.S. Securities and
Exchange Commission. Any forward-looking statement made in this
current report on Form 8-K speaks only as of the date hereof.
Factors or events that could cause ReWalks actual results to
differ from the statements contained herein may emerge from time
to time, and it is not possible for ReWalk to predict all of
them. Except as required by law, ReWalk undertakes no obligation
to publicly update any forward-looking statements, whether as a
result of new information, future developments or otherwise.
About ReWalk Robotics Ltd. (NASDAQ:RWLK)
ReWalk Robotics Ltd. is a medical device company. The Company is engaged in designing, developing and commercializing exoskeletons that allow wheelchair-bound individuals with mobility impairments or other medical conditions the ability to stand and walk. The Company offers ReWalk, an exoskeleton that uses its tilt-sensor technology, and an on-board computer and motion sensors to drive motorized legs that power movement. The Company’s ReWalk designs focus on people with paraplegia, a spinal cord injury resulting in complete or incomplete paralysis of the legs, who have the use of their upper bodies and arms. The Company offers various products, which include ReWalk Personal and ReWalk Rehabilitation. The Company’s ReWalk Personal is designed for use by individuals at home and in their communities, and is custom-fit for each user. The Company’s ReWalk Rehabilitation is designed for the clinical rehabilitation environment where it provides exercise and therapy. ReWalk Robotics Ltd. (NASDAQ:RWLK) Recent Trading Information
ReWalk Robotics Ltd. (NASDAQ:RWLK) closed its last trading session up +0.02 at 1.17 with 135,215 shares trading hands.