secwatch.observer — SEC 8-K summary
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Issuer:     ACTELIS NETWORKS INC (ASNS)
CIK:        0001141284
Form:       8-K
Filed at:   2025-10-02T23:59:59+00:00
Accession:  0001213900-25-095449
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Actelis Networks enters $30M equity line with White Lion Capital and completes $850K PIPE
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- Equity line allows Actelis to sell up to $30M of common stock to White Lion at 97.5% of VWAP or prior close.
- Commitment fee of $750,000 paid in shares; delisting penalty could increase fee to $1.5M.
- PIPE raised ~$850,000 via 871,766 shares at $0.2125 and pre-funded warrants for 3,128,234 shares at $0.2124.
- Company must call shareholder meeting within 120 days to approve issuance above 19.99% exchange cap.
- Resale registration statement must be effective by Oct 31, 2025, with monthly penalty shares for delay.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1141284/000121390025095449/0001213900-25-095449-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1141284/000121390025095449/ea0259804-8k_actelis.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-095449

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