secwatch.observer — SEC 8-K summary
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Issuer:     ACTELIS NETWORKS INC (ASNS)
CIK:        0001141284
Form:       8-K
Filed at:   2025-07-03T23:59:59+00:00
Accession:  0001213900-25-061358
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Actelis Networks closes $1M private placement of common stock and warrants
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- Offered 1,626,019 shares of common stock at $0.615 per share plus Series A-3 and A-4 warrants to purchase up to 4,878,057 shares.
- Gross proceeds approximately $1M; potential additional $3M if warrants fully exercised on a cash basis.
- Warrants exercisable at $0.615 per share pending shareholder approval; Series A-3 expire in 5 years, Series A-4 in 18 months.
- H.C. Wainwright & Co. acted as exclusive placement agent, receiving 7.0% cash fee and 113,821 placement agent warrants.
- Proceeds to be used for working capital and general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1141284/000121390025061358/0001213900-25-061358-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1141284/000121390025061358/ea0247801-8k_actelis.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-061358

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