SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

 

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

EDAP TMS S.A.

 

April 26, 2021

 

Commission File Number 000-29374

 

EDAP TMS S.A.

 

Parc Activite La Poudrette Lamartine

4/6 Rue du Dauphine

69120 Vaulx-en-Velin - France

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F x Form 40-F ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1) ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7) ¨

 

 

 

 

 

Underwriting Agreement

 

On April 22, 2021, EDAP TMS S.A. (the “Company”) entered into a Purchase Agreement (the “Underwriting Agreement”) with Piper Sandler & Co., as representative of the several underwriters named therein, relating to the offering of 4,150,000 ordinary shares, nominal value €0.13 per share, in the form of American Depositary Shares (“ADSs”), at a public offering price of $6.75 per ADS (the “Offering”). The net proceeds to the Company from the Offering are approximately $25.6 million, after deducting the estimated expenses related to the Offering and the underwriting discounts and commissions payable by the Company. The Offering is expected to close on April 27, 2021, subject to the satisfaction of customary closing conditions.

 

The Offering was made pursuant to the Company’s effective shelf registration statement on Form F-3 (File No. 333-255101) filed on April 7, 2021 and including a prospectus, as supplemented by a prospectus supplement dated April 22, 2021, filed on April 23, 2021.

 

In the Underwriting Agreement, the Company makes customary representations, warranties and covenants and also agrees to indemnify the underwriters against certain liabilities, including liabilities under the Securities Act of 1933, as amended, or to contribute to payments that the underwriters may be required to make because of such liabilities. The foregoing description of the Underwriting Agreement does not purport to be a complete description of the rights and obligations of the parties thereunder, and is qualified in its entirety by reference to the Underwriting Agreement that is filed as Exhibit 1.1 to this Form 6-K and incorporated by reference herein.

 

The legal opinion of Jones Day relating to the ordinary shares is filed as Exhibit 5.1 to this Form 6-K and incorporated by reference herein and a consent relating to the incorporation of such opinion is filed as Exhibit 23.1 by reference to its inclusion within Exhibit 5.1 and incorporated by reference herein.

 

This report on Form 6-K and the exhibits hereto shall be deemed to be incorporated by reference in the Company’s registration statement on Form F-3 (333-255101).

 

EXHIBIT INDEX

 

Exhibit   Title
1.1   Purchase Agreement, dated as of April 22, 2021, between the Company and Piper Sandler & Co., as representative of the several underwriters
5.1   Opinion of Jones Day, French counsel to the registrant
23.1   Consent of Jones Day (included in Exhibit 5.1)

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  EDAP TMS S.A.
  (Registrant)
     
April 26, 2021 By: /s/ François Dietsch
    François Dietsch
    Chief Financial Officer

 

 

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