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Medical Robots Market is Expected to Reach $33.8 billion - MarketsandMarkets™

Medical Robots Market is Expected to Reach $33.8 billion - MarketsandMarkets™
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Asensus weighs $96M Storz offer, takes $20M bridge loan

Asensus Surgical Inc. grabbed a $10 million lifeline from prospective suitor Karl Storz SE & Co. KG, which has offered to buy the cash-strapped company for 35 cents per share or about $96 million. Asensus signed a non-binding letter of intent to consider and negotiate terms after “an extensive period of consideration of various strategic alternatives.” Under certain circumstances, it could access a further $10 million from Storz prior to a merger. Asensus reported in March that its cash runway would tap out in early July.

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KARL STORZ SE & Co. KG entered into an agreement to acquire Asensus Surgical, Inc. for $100 million.

KARL STORZ SE & Co. KG entered into an agreement to acquire Asensus Surgical, Inc. for $100 million on March 28, 2024. As part of consideration, KARL STORZ SE & Co. will pay $0.35 in cash for each...

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Asensus Surgical Shares Soar After KARL STORZ Acquisition Offer Announcement

-- Asensus Surgical shares jumped more than 28% in recent trading after the company said Wednesday that it has entered into a non-binding letter of intent with medical technology company KARL STORZ...

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Asensus Surgical, Inc. Announces Non-Binding Acquisition Proposal and Exclusivity Arrangement with KARL STORZ SE & Co. KG

Asensus Surgical, Inc. Announces Non-Binding Acquisition Proposal and Exclusivity Arrangement with KARL STORZ SE & Co. KG
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Asensus Surgical, Inc. (ASXC) Announces Non-Binding Acquisition Proposal and Exclusivity Arrangement with KARL STORZ SE & Co. KG

Asensus Surgical, Inc. (ASXC) Announces Non-Binding Acquisition Proposal and Exclusivity Arrangement with KARL STORZ SE & Co. KG
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Asensus Surgical, Inc. announced that it has received funding from KARL STORZ SE & Co. KG

Asensus Surgical, Inc. announced that it has entered into a secured promissory note with new lender, KARL STORZ SE & Co. KG for gross proceeds of $20,000,000 on April 3, 2024. The Note bears interest...

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Asensus Surgical Agrees To Karl Storz's Acquisition Offer; Stock Up

Asensus Surgical Agrees To Karl Storz's Acquisition Offer; Stock Up
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Asensus Surgical, Inc. announced that it has received $20 million in funding

Asensus Surgical, Inc. announced that it has entered into a secured promissory note with new lender, KARL STORZ SE & Co. KG for gross proceeds of $20,000,000 on April 3, 2024. The Note bears interest...

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