Beamr Imaging Prices 1.95M Share IPO at $4/sh

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The ordinary shares are expected to begin trading on the Nasdaq Capital Market under the ticker symbol “BMR” on February 28, 2023. The offering is expected to close on March 2, 2023, subject to satisfaction of customary closing conditions.

The net proceeds from the initial public offering are expected to be used for research and development, sales and marketing, cloud operating costs and general and administrative corporate purposes, which includes working capital and capital expenditures.

ThinkEquity is acting as sole book-running manager for the offering.

The registration statement on Form F-1 (File No. 333-262904) relating to the shares being sold in this offering has been filed with the U.S. Securities and Exchange Commission (the “SEC”) and became effective on February 27, 2023. A final prospectus related to the proposed offering will be filed and made available on the SEC’s website at https://www.sec.gov/. The offering is being made only by means of a prospectus. Electronic copies of the final prospectus may be obtained, when available, from ThinkEquity, 17 State Street, 41st Floor, New York, New York 10004, by telephone at (877) 436-3673 and by email at prospectus@think-equity.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.