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May 1, 2014
05:30 EDTEMITFElbit Imaging announces termination of discussions for purchase of Gamida Cell
Elbit Imaging announced, following its announcement dated March 18, that Elbit Medical Technologies, a subsidiary of the company in which the company holds approximately 86% of the voting power, has announced that Gamida Cell Ltd., in which Elbit Medical holds approximately 30.8% of the voting power, has notified Elbit Medical that the negotiations of a possible purchase of Gamida Cell by a global pharmaceutical company have been terminated. The company, Elbit Medical and Gamida Cell are evaluating the consequences of the above mentioned matter.
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September 14, 2014
13:24 EDTEMITFElbit Imaging announces investment of $12.5M in Insightec
Elbit Imaging announced further to the company's announcement dated June 29 and September 8, that it was informed by InSightec, of the closing of investment of $12.5M by Shanghai GEOC Hengtong Investment Limited Partnership and Fortune China Limited. In the framework of the present investment round in InSightec, the Chinese Group has exercised the right granted thereto in the investment round documents and has acquired a total of 6,444,404 Series D preferred shares of InSightec, which represent approx. 5% of the share capital of InSightec on a fully diluted basis, in consideration for a total payment of U.S. $12.5M. Upon the closing of the transaction, the, Elbit Medical's holding in InSightec is 37.6%. The company holds approximately 85% in Elbit Medical Technologies on fully diluted basis.
September 10, 2014
05:39 EDTEMITFElbit Imaging announces compliance with Nasdaq minimum bid price
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September 8, 2014
05:48 EDTEMITFElbit Imaging announces execution of amendment to InSightec investment
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