Correcting and Replacing: Restoration Robotics, Inc. Announces Closing of its Initial Public Offering

SAN JOSE, Calif., Oct. 16, 2017 (GLOBE NEWSWIRE) -- This updated press release corrects the number of shares initially offered by Restoration Robotics in its initial public offering. It also corrects information on obtaining the final prospectus related to the initial public offering, which is available now at www.sec.gov.

The corrected release reads as follows:

Restoration Robotics, Inc. HAIR, today announced the closing of its initial public offering of 3,575,000 shares of common stock at a public offering price of $7.00 per share, before the underwriting discount.  All of the shares of common stock were offered by the Company. The Company's common stock began trading on The NASDAQ Global Market on October 12, 2017 under the ticker symbol "HAIR".

National Securities Corporation, a wholly owned subsidiary of National Holdings Corporation NHLD, acted as sole book-running manager for the offering. Roth Capital Partners and Craig-Hallum Capital Group acted as co-managers for the offering.

A registration statement relating to the securities being sold in this offering was declared effective by the Securities and Exchange Commission on October 11, 2017.  This offering is being made only by means of a written prospectus forming part of the effective registration statement. A copy of the final prospectus may be obtained for free by visiting the SEC's website at www.sec.gov.

This announcement shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any offer or sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.

About Restoration Robotics

Restoration Robotics, Inc., is a medical device company developing and commercializing the ARTAS^® Robotic Hair Restoration System. We believe the ARTAS System is the first and only physician-assisted system to dissect, and assist in the harvesting of, follicular units directly from the scalp and create recipient implant sites using proprietary algorithms. The Company has unique expertise in machine vision, image guidance, visual servoing and robotics, as well as developing intuitive interfaces to manage these technologies.

Contact

The Ruth Group

Zack Kubow & Lee Roth

ir@restorationrobotics.com

646-536-7000