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Exoskeleton maker ReWalk Robotics files for a $58 million IPO

July 10, 2014

ReWalk Robotics, an Israeli maker of recently-approved exoskeletons that enable paraplegics to walk, filed on Thursday with the SEC to raise up to $58 million in an initial public offering. The Yokneam, Israel-based company, which was founded in 2001 and booked $1.5 million in sales for the 12 months ended March 31, 2014, plans to list on the NASDAQ under the symbol RWLK. ReWalk Robotics initially filed confidentially on May 16, 2014. Barclays and Jefferies are the joint bookrunners on the deal. No pricing terms were disclosed.