ORDINARY SHARES AND WARRANTS ISSUANCE |
Feb. 12, 2025 |
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| Stockholders' Equity Note [Abstract] | |||
| ORDINARY SHARES AND WARRANTS ISSUANCE |
On February 12, 2025, the Company issued a total of 28,776,978 ordinary shares of no par value and 23,021,582 warrants to purchase one ordinary share, at an offering price of $1.39 per unit (each unit consisting of one ordinary share and eight tenths of a warrant), for a total consideration of $37,289, net of placement agent fees and other issuance costs of $2,711. The warrants are immediately exercisable at $1.69 per share and will expire five years from the date of issuance. The warrants were classified as equity in the Company’s financial statements.
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