Ekso Bionics Holdings, Inc. (formerly PN Med Group, Inc.) (OTCBB: EKSO), a Nevada corporation (the “Company”), announced today that it completed an alternative public offering on January 15, 2014, in which Ekso Bionics, Inc., a Delaware corporation (“Ekso Bionics”), became a wholly owned subsidiary of the Company, and completed a simultaneous $20.6 million private placement offering. Shares of the Company’s common stock are currently quoted on the OTC Markets under the symbol “EKSO.” Ekso Bionics designs, develops, and commercializes exoskeletons, or wearable robots, which have a variety of potential applications in the medical, military, industrial, and consumer markets.
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