Venus Concept Announces $1.5 Million Registered Direct Offering of Common Stock Priced At-The-Market Under Nasdaq Rules

Core Viewpoint - Venus Concept Inc. has announced a registered direct offering of 386,700 shares of common stock at a price of $4.06 per share, expecting gross proceeds of approximately $1.5 million before expenses [1][2]. Group 1: Offering Details - The offering is being conducted under Nasdaq rules and is expected to close around April 14, 2025, pending customary closing conditions [1]. - H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering [2]. - The net proceeds from the offering will be used for general corporate purposes [2]. Group 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 [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]. - Venus Concept is supported by prominent healthcare industry growth equity investors, including EW Healthcare Partners and HealthQuest Capital [5].