SS Innovations plunges on planned $50 million share sale

SS Innovations International

02/02/2026 17:43

** Surgical robotics firm SS Innovations International's SSII.O shares plunge 19.9% to $3.39

** SSII eyes $50 million follow-on stock sale to fund the commercialization of its surgical robotic platform, among other purposes

** Roth Capital Partners and Needham & Company are joint-book-running managers for offering

** SSII, which uplisted to Nasdaq in 2025, makes surgical robotic system and surgical instruments

** Co has 194.36 million outstanding shares, according to offering prospectus

** As of last close, SSII stock down 25.5% YTD

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com;))