Venus Concept Announces Closing of $1.1 Million Registered Direct Offering of Common Stock Priced At-The-Market Under Nasdaq Rules

Core Viewpoint - Venus Concept Inc. has successfully closed a registered direct offering of 328,573 shares of common stock at a price of $3.50 per share, generating gross proceeds of approximately $1.1 million before expenses [1][2]. Company Overview - Venus Concept is a global leader in medical aesthetic technology, offering a wide range of minimally invasive and non-invasive products across over 60 countries and 12 direct markets [5]. - The company's product portfolio includes various aesthetic device platforms and hair restoration systems, such as NeoGraft® and the ARTAS iX® Robotic Hair Restoration system [5]. - The company is backed by prominent healthcare growth equity investors, including EW Healthcare Partners, HealthQuest Capital, Longitude Capital Management, Aperture Venture Partners, and Masters Special Situations [5]. Offering Details - The offering was conducted under a "shelf" registration statement that became effective on November 1, 2024, and was facilitated by H.C. Wainwright & Co. as the exclusive placement agent [3]. - The net proceeds from the offering will be utilized for general corporate purposes [2].