Restoration Robotics IPO

10/12/2017

IPO

$25,200,000

We intend to use our existing cash and cash equivalents, including the cash received in connection with our convertible notes financing in September 2017, together with the net proceeds from this offering as follows: approximately $16.0 million to fund the continued commercialization of the ARTAS System, specifically expanding our U.S. and international sales and distribution infrastructure, expanding our planned physician and consumer marketing initiatives, and obtaining additional regulatory approvals; approximately $2.0 million to complete the research and development of the robotic implantation functionality currently in clinical development; approximately $5.0 million for other planned research and product development activities, other than in connection with the robotic implantation functionality, including improving and enhancing the ARTAS System and Procedure with additional developments; and the remainder, if any, for working capital and general corporate purposes.

Publicly-held

Robotics

128 Baytech Dr.
San Jose, CA 95134
USA

Restoration Robotics (NASDAQ: HAIR) manufactures the ARTAS Robotic System which enables hair restoration physicians with the power of advanced imaging and precision robotics. Every component in the system is precision engineered to work seamlessly and intuitively in your hands.