IPO - Lifeward Ltd.

Form Type: CORRESP

Filing Date: 2025-02-14

Corporate Action: Ipo

Type: New

Accession Number: 000117891325000491

Filing Summary: Lifeward Ltd. requests the acceleration of the effective date of its registration statement on Form S-1, designated as File No. 333-284843, to 4:05 p.m. Eastern Time on February 14, 2025. The request allows for the registration statement to become effective at the earliest possible convenience, with instructions for the Securities and Exchange Commission to confirm this event with the company's counsel. The communication is in compliance with Rule 461 under the Securities Act of 1933.

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Form Type: S-1

Filing Date: 2025-02-11

Corporate Action: Ipo

Type: New

Accession Number: 000117891325000411

Filing Summary: Lifeward Ltd. filed for registration with the SEC under Form S-1 on February 11, 2025. The filing aims to sell up to 1,927,274 Ordinary Shares, par value NIS 1.75 per share, through the resale by certain selling shareholders. This includes warrants for 1,818,183 Ordinary Shares initially issued in a private placement on January 7, 2025, and warrants for 109,091 Ordinary Shares provided to H.C. Wainwright & Co., LLC as compensation for their role in the placement. The offering is a part of a larger private placement and registered direct offering, but the company will not receive proceeds from the resale by the shareholders. However, proceeds from future warrant exercises could amount to approximately $5.4 million. The filing specifies that the registration statement is tentative and not yet effective, indicating that the selling shareholders cannot sell these securities until the registration is effective.

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