debt
confidence high
sentiment negative
materiality 0.75
Actelis Networks prices $5M public offering of common stock and warrants
ACTELIS NETWORKS INC
- Offering of 6.25M shares/pre-funded warrants and 6.25M common warrants at $0.80 per unit.
- Gross proceeds ~$5M; net proceeds ~$4.46M after placement agent fees and expenses.
- Net proceeds to be used for advancing pre-clinical and clinical studies and general corporate purposes.
- Closing expected Dec 19, 2025; H.C. Wainwright acted as sole placement agent.
- Issued 437,500 placement agent warrants at $1.00 per share, exercisable for five years.