SS Innovations plunges on planned $50 million share sale
ReutersFeb 2, 2026 5:43 PM
Surgical robotics firm SS Innovations International's SSII.O shares plunge 19.9% to $3.39
SSII eyes $50 million follow-on stock sale to fund the commercialization of its surgical robotic platform, among other purposes
Roth Capital Partners and Needham & Company are joint-book-running managers for offering
SSII, which uplisted to Nasdaq in 2025, makes surgical robotic system and surgical instruments
Co has 194.36 million outstanding shares, according to offering prospectus
As of last close, SSII stock down 25.5% YTD
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