Actelis Networks announces binding term sheet to acquire Exaware, entering AI data center market

ACTELIS NETWORKS INC

All-stock acquisition of Exaware; post-transaction value split ~40% Actelis / 60% Exaware.
Actelis to issue 19.9% of outstanding common stock to Exaware shareholders; rest in convertible preferred.
Expected closing by May 7, 2026; subject to definitive agreement, board and regulatory approvals.
Transaction aims to combine Actelis' secure edge with Exaware's routing/switching for AI-driven networks.

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