LabStyle Innovations Announces Uplisting to NASDAQ and Capital Raise of $8.5 Million
LabStyle Innovations Corp. (DRIO), developer of the Dario™ Diabetes Management Solution, today announced approval to list its common stock and warrants on the NASDAQ Capital Market effective March 4, 2016, and will trade under the symbols "DRIO" and "DRIOW", respectively. The aggregate gross proceeds to LabStyle from the public offering and private placement are expected to be $8.5 million, prior to deducting underwriting discounts, commissions and other estimated offering expenses.