Medigus Sells Its Entire Stake In ScoutCam For ~$6M In Cash
Portfolio Pulse from Benzinga Newsdesk
Medigus has sold its entire stake in Scoutcam for approximately $6 million in cash.

June 06, 2023 | 12:47 pm
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Medigus has sold its entire stake in Scoutcam, generating approximately $6 million in cash.
The sale of Medigus' entire stake in Scoutcam for $6 million in cash is a positive development for the company, as it generates cash that can be used for other investments or to strengthen its balance sheet. This news is likely to have a positive short-term impact on Medigus' stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100