DIH Holding US, Inc. Announces Pricing of Public Offering

NORWELL, Mass., Jan. 31, 2025 (GLOBE NEWSWIRE)

DIH Holding US, Inc. (“DIH” or the “Company”) (NASDAQ: DHAI), a global provider of advanced robotic devices used in rehabilitation, has announced the pricing of its public offering of 5,937,100 units at a public offering price of $0.7832 per unit. Each unit consists of one share of Class A common stock (or pre-funded warrant in lieu thereof) and one Class A warrant to purchase one share of Class A common stock. The Class A warrants will have an exercise price of $0.7832 per share, will be exercisable immediately upon issuance, and will expire on the five-year anniversary of the original issuance date. The closing of the offering is expected to occur on or about February 3, 2025.

DIH specializes in providing advanced robotic devices that incorporate visual stimulation in an interactive manner to enable clinical research and intensive functional rehabilitation and training in patients with walking impairments, reduced balance, and/or impaired arm and hand functions. The Company’s innovative approach to rehabilitation has gained recognition in the medical community for its effectiveness in assisting patients in regaining mobility and independence.

Impact on Individuals

For individuals seeking rehabilitation for walking impairments, reduced balance, or impaired arm and hand functions, DIH’s public offering could mean access to cutting-edge robotic devices that can help improve their quality of life. By investing in DIH, individuals may be contributing to the future development of advanced rehabilitation technology that could benefit them and others in similar situations.

Impact on the World

DIH’s public offering and focus on innovative rehabilitation technology have the potential to have a lasting impact on the world of healthcare. By providing advanced robotic devices for rehabilitation, DIH is paving the way for improved treatment options and outcomes for patients worldwide. The Company’s commitment to using visual stimulation in an interactive manner sets it apart as a leader in the field of rehabilitation technology.

Conclusion

DIH Holding US, Inc.’s announcement of the pricing of its public offering signifies a milestone in the company’s mission to provide advanced robotic devices for rehabilitation. With a focus on incorporating visual stimulation in an interactive manner, DIH is advancing the field of rehabilitation technology and offering new possibilities for patients with walking impairments, reduced balance, and impaired arm and hand functions. The impact of DIH’s public offering extends not only to individuals seeking rehabilitation but also to the world of healthcare, where innovative approaches to rehabilitation are increasingly vital.