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NANO-X IMAGING LTD.

(NNOX)
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Nano X Imaging : ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Nano-X Imaging Ltd. Investors With Losses to Secure Counsel Before Important December 6 Deadline in Securities Class Action – NNOX

10/17/2021 | 10:11am EST

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Nano-X Imaging Ltd. (NASDAQ: NNOX) between June 17, 2021 and August 18, 2021, inclusive (the “Class Period”), of the important December 6, 2021 lead plaintiff deadline.

SO WHAT: If you purchased Nano-X securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Nano-X class action, go to http://www.rosenlegal.com/cases-register-2171.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 6, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Nano-X’s 510(k) application for the Nanox.ARC (an imaging system that uses a purportedly novel X-ray source) was deficient; (2) accordingly, it was unlikely that the U.S. Food and Drug Administration (the “FDA”) would approve the 510(k) application for the Nanox.ARC in its current form; (3) as a result, Nano-X had overstated Nanox.ARC’s regulatory and commercial prospects; and (4) as a result, the defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Nano-X class action, go to http://www.rosenlegal.com/cases-register-2171.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.


ę Business Wire 2021
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Financials (USD)
Sales 2021 0,38 M - -
Net income 2021 -63,4 M - -
Net cash 2021 114 M - -
P/E ratio 2021 -15,1x
Yield 2021 -
Capitalization 1 041 M 1 041 M -
EV / Sales 2021 2 473x
EV / Sales 2022 101x
Nbr of Employees 50
Free-Float 78,6%
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Last Close Price 20,15 $
Average target price 44,75 $
Spread / Average Target 122%
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Managers and Directors
Ran Poliakine Chairman & Chief Executive Officer
Ran Daniel Chief Financial Officer
Ofir Koren Chief Technology Officer
Uri Shimon Vice President-Information Systems & Technology
James Dara Chief Operating Officer
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