Nanox Imaging is trading at $0.30, down 8.15%, after disclosing insufficient cash to fund operations for at least a year, raising substantial doubt about its ability to continue as a going concern.
- Shareholders are asked to approve a financing capital increase and possible 1-for-20 to 1-for-50 reverse split for Nasdaq bid-price compliance.
- CFO Guy Nathansohn requested to step down for medical reasons; the company said it was not due to disagreement. No source explicitly linked the disclosures to the drop.