Why Microbot Medical (MBOT) Stock Is Up 22% Today

Microbot Medical Inc MBOT shares are trading higher by 22% to $2.58 during Monday’s session after the company announced it sold 4.26 million shares under an ATM agreement and generated $4.82 million in gross proceeds.

Additionally, Microbot Medical announced it secured definitive agreements for a registered direct offering and a concurrent private placement, raising approximately $7 million before fees and expenses.

The company will sell 4 million shares of common stock at $1.75 per share and issue short-term Series G preferred investment options to purchase up to 8 million additional shares, exercisable at the same price for two years.

H.C. Wainwright & Co. is the exclusive placement agent for the transactions, which are expected to close on or about January 7, pending customary conditions.

Proceeds will support the development and commercialization of Microbot's LIBERTY Robotic System, expand its IP portfolio applications and fund general corporate purposes.

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How To Buy MBOT Stock

By now you're likely curious about how to participate in the market for Microbot Medical – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.

In the the case of Microbot Medical, which is trading at $2.9 as of publishing time, $100 would buy you 34.48 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

According to data from Benzinga Pro, MBOT has a 52-week high of $2.95 and a 52-week low of $0.82.