other material
confidence high
sentiment neutral
materiality 0.50
Odysight.ai issues 407,497 shares upon cashless exercise of 3.29M warrants
Odysight.ai Inc.
- Investors exercised 3,294,117 warrants on a cashless basis on March 25, 2026.
- Company issued 407,497 common shares to Moshe Arkin, Phoenix Insurance, and others.
- Warrants originally issued in a March 2023 private placement at $5.50 exercise price.
- Cashless exercise resulted in no cash proceeds but diluted shares by ~0.4M.
- Warrants were set to expire; no other terms disclosed in this filing.