secwatch.observer — SEC 8-K summary
======================================

Issuer:     ACTELIS NETWORKS INC (ASNS)
CIK:        0001141284
Form:       8-K
Filed at:   2023-05-08T23:59:59+00:00
Accession:  0001213900-23-037340
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Actelis raises $3.5M in private placement of common stock and warrants
----------------------------------------------------------------------

- Gross proceeds ~$3.5M from 944,670 shares/pre-funded warrants and 944,670 common warrants at $3.705/unit.
- Common warrants exercisable at $3.58/share, expire 5.5 years; potential additional ~$3.38M if fully exercised.
- Net proceeds for working capital and general corporate purposes.
- Placement agent H.C. Wainwright received 7% cash fee and warrants for 66,127 shares at $4.6313.
- Offering closed May 8, 2023; resale registration to be filed within 20 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1141284/000121390023037340/0001213900-23-037340-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1141284/000121390023037340/ea178132-8k_actelis.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-037340

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer