Motus gi announces exploration of strategic alternatives to enhance shareholder value and announces restructuring plan

Fort lauderdale, fla., jan. 10, 2023 (globe newswire) -- motus gi holdings, inc., (nasdaq: mots) (“motus gi” or the “company”), a medical technology company providing endoscopy solutions that improve clinical outcomes and enhance the cost-efficiency associated with the diagnosis and management of gastrointestinal conditions, announced today it has initiated a process to explore a range of strategic and financing alternatives focused on maximizing stockholder value and accelerating commercialization of the pure-vu system. as part of this process, the company has engaged lake street capital markets llc to act as an advisor to the company in this process.
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