other material
confidence high
sentiment negative
materiality 0.80
Actelis Networks Amends Equity Line with White Lion After Nasdaq Delisting, Issues 9.85M Shares
ACTELIS NETWORKS INC
- Issued 9.85M shares/warrants to White Lion in exchange for commitment shares and delisting penalty rights.
- New purchase notice pricing: 97% of lowest traded price minus $0.005; removes old Delisting Purchase Notice Mechanism.
- Company delisted from Nasdaq on April 10, 2026; no current exchange listing for common stock.
- Agreed to file new registration statement for 6M shares and deregister 10M previously reserved.
- No purchase notices for 30 days without White Lion consent; warrants exercisable at $0.0001 (pre-funded) and $0.20 (common) upon listing.