EDAP EDAP TMS SA

NEUTRAL Impact: 4/10 S-3/A
Horizon weeks Filed Mar 27, 2026 Processed 2mo ago SEC 0001171843-26-001947
Shelf registration amendment
Latest settled — T+20d
EDAP ▼ -13.67% at T+20d
NEUTRAL call ✗ call lost -13.67% · α vs SPY -26.41% · entry $3.73 → $3.22
Next anchor: T+60d in 8d
Last close $4.77 (close Jun 12) · +27.88% from $3.73 entry
Entry anchored
Mar 26, 03:50 PM ET
via Databento tick
T+1d
-2.95%
call -2.95% · α -2.59%
$3.62
settled 3mo ago
T+5d
-7.24%
call -7.24% · α -11.10%
$3.46
settled 2mo ago
T+20d
-13.67%
call -13.67% · α -26.41%
$3.22
settled 7w ago
T+60d
call — · α —
in 8d

Price Chart

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Executive Summary

EDAP TMS S.A. filed an S-3/A amendment to register up to $125 million in securities, including ordinary shares, preferred shares, and warrants, for future issuance. The filing also covers resale of up to 4,574,421 ordinary shares issuable under warrants held by the European Investment Bank. This shelf registration provides the company with flexibility to raise capital or facilitate future transactions.

Key Financial Metrics

Offering Size
$125.0M

Actionable Insight

Monitor for future prospectus supplements that would indicate actual issuance of securities under this shelf, which could lead to dilution. The resale registration of warrants held by the European Investment Bank may increase near-term trading volume and downward price pressure if the holder decides to sell.

Key Facts

  • EDAP TMS S.A. filed an S-3/A shelf registration statement with a maximum offering size of $125,000,000
  • Securities may include ordinary shares, preferred shares, warrants, and ADSs
  • Registration includes resale of up to 2,624,421 'Issued Selling Stockholder Warrants' and 1,950,000 'Additional Selling Stockholder Warrants' held by the European Investment Bank
  • The filing is a pre-effective amendment solely to add a legal opinion from Jones Day as Exhibit 5.1
  • The company is incorporated in France and listed on Nasdaq with a market cap of $141 million

Financial Impact

$125 million in potential future securities issuance; up to 4,574,421 shares registered for resale by a major investor

dilutionshares outstandingequity capital

Risk Factors

  • Potential future dilution if the company issues new shares under the shelf registration
  • Increased share supply from resale of up to 4.57 million shares by the European Investment Bank
  • No immediate capital raise, but the filing signals possible future equity issuance

Market Snapshot

Exchange
Nasdaq
Sector
Electromedical & Electrotherapeutic Apparatus

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
S-3/A Filing (Primary)0001171843-26-001947
Exhibit: exh_51.htm0001171843-26-001947
Document: 0001171843-26-001947-index-headers.html0001171843-26-001947
Document: 0001171843-26-001947-index.html0001171843-26-001947
Document: 0001171843-26-001947.txt0001171843-26-001947
11 reports for EDAP
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for EDAP — sortable, filterable
Type Now
May 29, 2026
16d ago
8-K
NEUTRAL ★ 4/10
$4.32 $4.59▲ +6.25%▲ +8.77%$4.77 (+10.42%)
May 14, 2026
4w ago
DEFA14A
BEARISH ★ 6/10
$4.13 $4.33▼ −4.84%▼ −5.56%$4.77 (−15.50%)
May 14, 2026
4w ago
DEFA14A
NEUTRAL ★ 3/10
$4.13 $4.33▲ +4.84%▲ +5.56%$4.77 (+15.50%)
May 14, 2026
4w ago
Press Release
NEUTRAL ★ 3/10
$4.13 $4.33▲ +4.84%▲ +5.56%$4.77 (+15.50%)
May 7, 2026
5w ago
8-K
MIXED ★ 6/10
$4.16 $4.16· 0.00%▼ −1.50%$4.77 (+14.66%)
Apr 16, 2026
8w ago
Press Release
NEUTRAL ★ 3/10
$3.59 $3.29▼ −8.36%▼ −9.34%$4.77 (+32.87%)
Apr 1, 2026
10w ago
EFFECT
NEUTRAL ★ 4/10
$3.53 $3.36▼ −4.82%▼ −8.58%$4.77 (+35.13%)
Mar 27, 2026
11w ago
S-3/A
NEUTRAL ★ 4/10
$3.73 $3.46▼ −7.24%▼ −11.10%$4.77 (+27.88%)
Mar 25, 2026
11w ago
S-3
NEUTRAL ★ 5/10
$3.77 $3.39▼ −10.08%▼ −11.71%$4.77 (+26.53%)
Mar 25, 2026
11w ago
Press Release
MIXED ★ 6/10
$3.71 $3.53▼ −4.85%▼ −4.61%$4.77 (+28.57%)
Showing 10 of 11

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