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The Law Offices of Frank R. Cruz : Announces Investigation of Nano-X Imaging Ltd. (NNOX) on Behalf of Investors

10/13/2021 | 02:01pm EST

The Law Offices of Frank R. Cruz announces an investigation of Nano-X Imaging Ltd. (“Nano-X” or the “Company”) (NASDAQ: NNOX) on behalf of investors concerning the Company’s possible violations of federal securities laws.

If you are a shareholder who suffered a loss, click here to participate.

On August 19, 2021, Nano-X revealed that it had “received a request for additional information from the U.S. Food and Drug Administration (the ‘FDA’) concerning the Company’s last 510(k) submission of its multi-source device, Nanox.ARC.” The 510(k) submission was placed on hold pending the Company’s response.

On this news, the Company’s stock price fell $2.25 per share, or 9.5%, to close at $21.43 per share on August 19, 2021, thereby injuring investors.

Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you purchased Nano-X securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

ę Business Wire 2021
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11/08Results of the Annual General Meeting held on November 4, 2021 - Form 6-K
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Analyst Recommendations on NANO-X IMAGING LTD.
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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 -13,2x
Yield 2021 -
Capitalization 914 M 914 M -
EV / Sales 2021 2 134x
EV / Sales 2022 87,9x
Nbr of Employees 50
Free-Float 78,6%
Duration : Period :
Nano-X Imaging Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends NANO-X IMAGING LTD.
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 4
Last Close Price 17,69 $
Average target price 44,75 $
Spread / Average Target 153%
EPS Revisions
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
Sector and Competitors