Bullboard - Stock Discussion Forum Motus GI Holdings Inc MOTS

Healthcare Medical Devices

Motus GI Holdings, Inc. is a medical technology company. It has developed the Pure-Vu System, a medical device that facilitates the cleansing of a gastrointestinal tract during colonoscopy and to help facilitate upper gastrointestinal (GI) endoscopy procedures. The Pure-Vu System integrates with colonoscopes, as well as gastroscopes, to improve visualization during colonoscopy and upper GI... see more

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GREY:MOTS - Post Discussion

Motus GI Holdings Inc > Major reason it retraced gains on Monday was possibility

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Post by tamari on Feb 19, 2022 4:30pm

Major reason it retraced gains on Monday was possibility

of delisting (on 21-Feb). There is rationale to grant an extension if the only issue is share price. MOTS' business model was affected by Covid restrictions and they just FDA approval for the optimized EVS system this week. Restrictions are quickly being lifted in the U.S. where Motus is currently focusing its marketing efforts. Should have confirmation of continued listing by Tues/Wed. Uptake of the improved EVS system across a hospital chain would help drive adoption across the field.

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