Alpha Tau Medical Ltd. $DRTS, an Israeli clinical stage oncology medtech company valued at approximately $1.2 billion, has officially announced its intention to dual-list its ordinary shares on the Tel Aviv Stock Exchange. Under the English ticker $DRTS, the move integrates the NASDAQ-listed company directly into the domestic Israeli financial ecosystem. This opens the door for increased participation from local institutional investors, pension funds, and retail capital.
According to the regulatory registration documents filed with the TASE, Alpha Tau has requested to list all existing and potential ordinary shares. The filing covers a comprehensive breakdown of the company's equity capital structure, including:
Issued Ordinary Shares: ~92.5 Million
Underlying Convertible Securities (Options & RSUs): ~36.7 Million
Approved Equity Incentive Plan Option Pool: ~12.9 Million
Employee Stock Purchase Plan (ESPP) Shares: ~4.26 Million
CEO Uzi Sofer highlighted the strategic alignment of returning to the local market, stating that growing interest from Israeli institutional investors around Alpha Tau's technological progress made the dual listing a natural evolution. The company expects the secondary listing to enhance trading liquidity, broaden its global investor base, and capitalize on the strong appetite for healthcare innovation within Israel's capital markets.
๐ท Photo: Shutterstock
Early detection of cancer can save lives!! With that in mind, @AlphaTauMedical's best and brightest went running the #Dead Sea Marathon last Friday. We put on our โgo test yourselvesโ shirts and ran 5 kilometers together.
Thank you Dead Sea Marathon Israel for the opportunity!
@AlphaTauMedical announced that the first patients in its French #multicenter trial for skin cancer were treated with Alpha DaRT, at Centre Lรฉon Bรฉrard in Lyon, #France by Dr. Pascal Pommier and his team.
For the full announcement, please read: https://t.co/NpEKE5h3Oo
Please join us at the Quality Innovation #Award Gala Ceremony that will take place online on April 26th, 2022, at 7:30 am GMT.
Registration link: https://t.co/HYp1s8Qd3u
More than one month has passed since the Alpha DaRT Investigator Meeting, and the flow of amazing feedback hasnโt ceased.
We would like to thank all those who attended and of course to the Alpha Tau team for their great work!
Watch => https://t.co/xKWvaRfenK
CEO of our portfolio company @AlphaTauMedical, Uzi Sofer, rang the opening bell at the Nasdaq MarketSite in Times Square.
Learn about the work they are doing to treat #cancer tumors ๐
https://t.co/odZKGdZQux
Itโs with gratitude to God, to all of our managers and employees that we celebrate here today @AlphaTauMedical ringing the opening bell on @Nasdaq. A huge thanks to our CEO Uzi Sofer & Itzhak Kelson & Yona Keisari, the co-inventors of the #AlphaDaRT technology.
#DRTS#cancer
Alpha Tau CFO Raphi Levy presented an overview of Alpha DaRT, at the 33rd Annual Virtual Healthcare Conference of US investment bank @PiperSandler.
Mr. Levy reviewed Alpha DaRT as a novel & possibly game-changing treatment for hard-to-treat #cancers.
https://t.co/GoUl4OEVYm
Alpha Tau will be at the GEC-ESTRO workshop in #Rotterdam on Nov 18-19, 2021 on brachytherapy.
Come meet @Michael_Tolub Tolub and Itai Jacoby, DVM and learn about the latest clinical progress of Alpha DaRT in skin cancer of the H & N, glioblastoma, and other types of #cancer.
Alpha Tau Medical Announces the Enrollment of First Patient in Combination Trial of Alpha DaRTโข and Pembrolizumab (Keytrudaยฎ).
For the full announcement, please read : https://t.co/6x3PA5g5B6
#clinicaltrials#cancerresearch#immunotherapy
Day 2 #Astro21 is over and Alpha Tau is proud to announce the Completion of Enrollment in 1st US Clinical Trial & Achievement of 1st Primary Objective. For the full announcement, please read the following: https://t.co/OUzqX6uFoW
#radonc#clinicaltrials