other material
confidence high
sentiment neutral
materiality 0.75
Odysight.ai launches $11M public offering of 3.4M shares at $3.20; terminates ATM
Odysight.ai Inc.
- Offering: 3,437,500 shares at $3.20/share; gross proceeds ~$11M before discounts and expenses.
- Underwriters' option for up to 515,625 additional shares (15% of firm shares) within 30 days.
- Underwriting discount of 6.5% of gross proceeds; expense reimbursement up to $75,000.
- Proceeds for R&D, sales/marketing, scaling commercial ops, working capital; close expected Aug 21, 2026.
- ATM agreement with Roth Capital terminated; no shares were ever sold under that facility.