secwatch / observer

ACTELIS NETWORKS INC — fact timeline

Source-grounded facts extracted from ACTELIS NETWORKS INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

ASNS ACTELIS NETWORKS INC JSON
Earnings Releases

ACTELIS NETWORKS INC reported the first quarter ended March 31, 2026 results: revenue $958 thousand.

“business as usual while pursuing available options to relist on Nasdaq.” Business and Financial Highlights ● Revenue Growth of 33% Year-Over-Year: Revenues for Q1- 2026 were $958 thousand, an increase of 33% from $721 thousand in the first quarter of 2025, driven primarily by growth of 25% in North America with telecom and ITS delivery growth, 27% in EMEA where”
Listing & Compliance Notices

ACTELIS NETWORKS INC received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)(iv)).

“April 8, 2026, Nasdaq delivered a letter to the Company confirming to the Company that it had denied the Company’s request for continued listing and therefore that trading of the Company’s common stock, par value $0.0001 per share (“Common Stock”), would be suspended at the open of trading on April 10, 2026. The Company expects and plans for its shares of Common Stock to be quoted by the OTC Markets Group, Inc. (“OTC”) upon being suspended from trading on Nasdaq and intends to submit an application to have its securities traded on the OTCQB Venture Market (“OTCQB”) of OTC. While the Company in”
Earnings Releases

ACTELIS NETWORKS INC reported the full year ended December 31, 2025 results: revenue $3.7 million.

“Revenues: Our revenues for the year ended December 31, 2025 amounted to $3.7 million, compared to $7.8 million for the year ended December 31, 2024.”
Listing & Compliance Notices

ACTELIS NETWORKS INC received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)(iv)).

“e Company intends to timely request a hearing before an independent Nasdaq Hearings Panel. As disclosed in the Notice, the Staff determined that the Company’s common stock failed to maintain a minimum bid price of $1.00 per share for 30 consecutive business days, in violation of Nasdaq Listing Rule 5550(a)(2). While companies are typically afforded a 180-calendar-day compliance period to comply with the Nasdaq Listing Rule, the Staff concluded that the Company is not eligible for the compliance period pursuant to Nasdaq Listing Rule 5810(c)(3)(A)(iv) due to the fact that the Company effected a”
Governance Changes

ACTELIS NETWORKS INC: Certificate of Incorporation amended to effect a 1-for-10 reverse stock split (effective 2025-11-18).

“On November 7, 2025, the Board approved a 1-for-10 reverse stock split of the Company’s issued and outstanding shares of common stock (the “Reverse Stock Split”), and on November 14, 2025, the Company filed with the Secretary of State of the State of Delaware a Certificate of Amendment to its Certificate of Incorporation (the “Certificate of Amendment”) to effect the Reverse Stock Split, which will become effective as of 8:00 a.m. Eastern Time on November 18, 2025.”
Listing & Compliance Notices

ACTELIS NETWORKS INC received a nasdaq delisting notice notice regarding stockholders equity (rules 5550(b)(1), 5815(d)(4)(B)).

“August 19, 2025, Actelis Networks, Inc. (the “Company”) received written notice from the Listing Qualifications Staff (“Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) stating that, due to the Company’s non-compliance with the $2.5 million stockholders’ equity requirement set forth in Nasdaq Listing Rule 5550(b)(1) (the “Equity Rule”) as of June 30, 2025, and because, pursuant to Listing Rule 5815(d)(4)(B), the Company remained subject to a mandatory hearing panel monitor through August 27, 2025, the Company’s securities were subject to delisting from Nasdaq unless the Company timely request”
Listing & Compliance Notices

ACTELIS NETWORKS INC received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

“May 12, 2025, Actelis Networks, Inc. (the “Company”) was notified (the “Notification Letter”) by The Nasdaq Stock Market LLC (“Nasdaq”) that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based”

Israel Niv retired as director at ACTELIS NETWORKS INC.

“Effective April 1, 2025, following ten years of board membership, Israel Niv retired as a member of the board of directors (the “Board”) of Actelis Networks, Inc. (the “Company”), and as member of the committees of the Board.”

Niel Ransom was elected as director at ACTELIS NETWORKS INC.

“Mr. Niel Ransom has been elected as a Class II director of the Company, effective February 1, 2025”

Niel Ransom was appointed as director at ACTELIS NETWORKS INC.

“Effective as of February 1, 2025, the Board appointed Mr. Niel Ransom as a Class I director of the Company until the Company’s 2026 annual shareholders meeting, and as a member of each of the audit, nominations and corporate governance committees of the Company’s board of directors.”

Joseph Moscovitz retired as director at ACTELIS NETWORKS INC.

“Effective February 1, 2025, Joseph Moscovitz retired as a director of Actelis Networks, Inc.”

Yoav Efron changed role as Deputy Chief Executive Officer at ACTELIS NETWORKS INC.

“Effective May 9, 2024, Mr. Yoav Efron, who has been serving as our Chief Financial Officer since 2018, has been promoted to Deputy Chief Executive Officer, in addition to his current position as Chief F”

Gideon Marks was appointed as Class I director at ACTELIS NETWORKS INC.

“Effective as of May 15, 2024, the Board appointed Mr. Gideon Marks as a Class I director of the Company until the Company’s 2026 annual shareholders meeting, and as a member of each of the audit committee, the nominations and corporate governance committee, and the compensation committee of the Company’s board of directors.”

Naama Halevi-Davidov resigned as director at ACTELIS NETWORKS INC.

“Effective May 15, 2024, Naama Halevi-Davidov resigned as a director of the Company.”

Noemi Schmayer resigned as director at ACTELIS NETWORKS INC.

“Effective May 9, 2024, Noemi Schmayer resigned as a director of Actelis Networks, Inc. (the “Company”).”
Earnings Releases

ACTELIS NETWORKS INC reported fiscal first quarter ended March 31, 2024 results: revenue $0.73 million, net income $2.0 million.

“reported financial results for the fiscal first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights: ● Strategic shift to IoT sales continues: Revenue at $0.73 million for the first quarter ended March 31, 2024 compared to $1.85 million in the year ago period, driven by delay in customer order delivery to the second quarter of 2024. ● Fixed”
Listing & Compliance Notices

ACTELIS NETWORKS INC received a nasdaq delisting notice notice regarding stockholders equity (rules 5550(b)).

“March 27, 2024, the Company received a delist determination letter (the “Delist Letter”) from the Staff advising the Company that the Staff had determined to delist the Company’s securities from Nasdaq due to its non-compliance with the Equity Rule unless the Company timely requests a hearing before the Nasdaq Hearings Panel (the “Panel”). The Company has since timely requested a hearing, which request served to stay any further action by Nasdaq at least pending the hearing before the Panel and the expiration of any extension the Panel may grant following the hearing. At a hearing, the Company”
Earnings Releases

ACTELIS NETWORKS INC reported the fiscal full year 2023 ended December 31, 2023 results: revenue $5.6 million, net income $6.3 million.

“Total revenue was $5.6 million for the full year 2023, compared to $8.8 million in the prior year.”
Material Agreements

ACTELIS NETWORKS INC entered into Agreement with Migdalor regarding charge carve-out with Migdalor Business Investments Fund valued at Migdalor agreed to carve out from its floating charge to allow Mizrachi to place first priority char (effective 2024-01-15).

“On January 15, 2024, the Company entered into a new agreement with Migdalor whereby Migdalor agreed to carve out from the aforesaid floating charge and allow Mizrachi to place its own first priority charge over the Company’s open customer invoices to secure the New Credit Facility. The Company agreed to perform a partial early repayment of the Migdalor Loan Agreement in the amount of ILS 2,000,000 (approximately $550,000).”
Material Agreements

ACTELIS NETWORKS INC entered into Credit Agreement with Bank Mizrahi-Tefahot valued at $1.5 million credit facility, annual fixed fee of Federal SOFR rate plus 5.5%, expires December 27, (effective 2024-01-15).

“On January 15, 2024, Actelis Networks Israel, Ltd. (the “ Company ”), a wholly owned subsidiary of Actelis Networks, Inc., entered into a credit agreement (the “ Credit Agreement ”) with Bank Mizrahi-Tefahot (the “ Lender ”). The Credit Agreement provides for a $1.5 million credit facility available to be used by the Company (“ New Credit Facility ”). Under the New Credit Facility, which will be secured by the Company's customer invoices, the Company will pay an annual fixed fee of a Federal SOFR rate plus 5.5% on any amount withdrawn under the New Credit Facility. The New Credit Facility expires on December 27, 2024, subject to extension.”
Material Agreements

ACTELIS NETWORKS INC entered into Warrant Amendment Agreement with the Investor (effective 2023-12-17).

“In addition, the Company and the Investor entered into a warrant amendment agreement (the "Amendment") related to certain outstanding warrants to purchase up to 999,670 shares of the Common Stock (the "Existing Warrants"), issued to the Investor in a private placement offering consummated in May 2023, or issued in connection with a prior amendment to the Existing Warrants, pursuant to which reduce the exercise price of the Existing Warrants will be reduced to $1.18 per share.”
Material Agreements

ACTELIS NETWORKS INC entered into Registration Rights Agreement with the Investor (effective 2023-12-17).

“As part of the Offering, the Company entered into a Registration Rights Agreement, dated December 17, 2023, with the Investor, pursuant to which the Company agreed to register the resale of the shares of Common Stock sold in the Offering and the shares of Common Stock issuable upon exercise of the Common Warrants and the Pre-Funded Warrants.”
Material Agreements

ACTELIS NETWORKS INC entered into Purchase Agreement with an accredited investor valued at approximately $1.5 million (effective 2023-12-17).

“On December 17, 2023, Actelis Networks, Inc. (the “Company”), a Delaware corporation, entered into a securities purchase agreement (the “Purchase Agreement”) with an accredited investor (the “Investor”), pursuant to which the Company agreed to issue and sell to the Investor in a private placement (the “Offering”) (i) 301,000 shares (the “Shares”) of common stock of the Company, $0.0001 par value (the “Common Stock”), (ii) 970,187 pre-funded warrants (the “Pre-Funded Warrants”) to purchase up to 970,187 shares of Common Stock and (iii) warrants to purchase up to 1,271,187 shares of Common Stock (“Common Warrants” and collectively with the Shares and the Common Warrants, the “Securities”) for a purchase price of $1.18 per share of Common Stock and related Common Warrant or $1.1799 per Pre-Funded Warrant and related Common Warrant, for a total aggregate gross proceeds of approximately $1.5 million.”
Listing & Compliance Notices

ACTELIS NETWORKS INC received a nasdaq noncompliance notice notice regarding stockholders equity (rules 5550(b)(1)).

“August 25, 2023, Actelis Networks, Inc. (the "Company") received a notification letter (the "Notice") from The Nasdaq Stock Market LLC (the "Nasdaq") indicating that the Company was not in compliance with Nasdaq's Listing Rule 5550(b)(1) because the Company's shareholders' equity for the quarter ended June 30, 2023 (the "Quarter"), as reported in the Company's Form 10-Q for the Quarter, was below the minimum shareholders' equity requirement of $2,500,000 (the "Shareholders' Equity Requirement"). The Notice had no immediate effect on the Company's continued listing on Nasdaq, subject to the Com”
Shareholder Votes

ACTELIS NETWORKS INC shareholders approved Approval of Annual RSU Grants at the 2023-08-04 meeting.

“Proposal 4 To approve the Annual RSU Grants (as defined in the Proxy Statement). Votes For Votes Against Votes Abstained Broker Non-Votes 461,839 36,686 78,374 314,804”
Shareholder Votes

ACTELIS NETWORKS INC shareholders approved Approval of Additional 2023 One Time Retention RSU Grants at the 2023-08-04 meeting.

“Proposal 3 To approve the Additional 2023 One Time Retention RSU Grants (as defined in the Proxy Statement). Votes For Votes Against Votes Abstained Broker Non-Votes 460,813 37,712 78,374 314,804”
Shareholder Votes

ACTELIS NETWORKS INC shareholders approved Ratification of Kesselman & Kesselman as independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-08-04 meeting.

“Proposal 2 To ratify the appointment of Kesselman & Kesselman, Certified Public Accountants (Isr.), a member firm of PricewaterhouseCoopers International Limited, as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. Votes For Votes Against Votes Abstained Broker Non-Votes 890,769 934 0 -”
Shareholder Votes

ACTELIS NETWORKS INC shareholders approved Election of Class I Director at the 2023-08-04 meeting.

“The Company’s stockholders elected the following Class I Director to serve for a term of three years until the 2026 Annual Meeting of Stockholders. Votes For Votes Against Broker Non-Votes Noemi Schmayer 574,847 0 314,804”

Bret Harrison was appointed as Senior Vice President of Sales, North Americas at ACTELIS NETWORKS INC.

“On July 12, 2023, Actelis Networks, Inc. (the " Company ") announced that Bret Harrison will serve as the Senior Vice President of Sales, North Americas of the Company.”
Earnings Releases

ACTELIS NETWORKS INC reported fiscal first quarter ended March 31, 2023 results: revenue $1.85 million, net income $1.9 million (net loss).

“today reported financial results for the fiscal first quarter ended March 31, 2023. First Quarter 2023 Financial Highlights: ● Revenue decreased 1.1% year-over-year to $1.85 million for the first quarter ended March 31, 2023, due to a logistical and regulatory delay in product delivery to a first-time customer destination. ● Gross Margin increased to 37%”
Material Agreements

ACTELIS NETWORKS INC entered into Purchase Agreement with an accredited investor valued at approximately $3.5 million (effective 2023-05-04).

“On May 4, 2023, Actelis Networks, Inc. (the “Company”), a Delaware corporation, entered into a securities purchase agreement (the “Purchase Agreement”) with an accredited investor (the “Investor”), pursuant to which the Company agreed to issue and sell to the Investor in a private placement (the “Offering”) (i) 190,000 shares (the “Shares”) of common stock of the Company, $0.0001 par value (the “Common Stock”), (ii) 754,670 pre-funded warrants (the “Pre-Funded Warrants”) to purchase up to 754,670 shares of Common Stock and (iii) warrants to purchase up to 944,670 shares of Common Stock (“Common Warrants” and collectively with the Shares and the Common Warrants, the “Securities”) for a purchase price of $3.705 per share of Common Stock and related Common Warrant or $3.7049 per Pre-Funded Warrant and related Common Warrant, for a total aggregate gross proceeds of approximately $3.5 million.”
Governance Changes

ACTELIS NETWORKS INC: Certificate of Amendment effecting a 1-for-10 reverse stock split of common stock (effective 2023-04-18).

“Actelis Networks, Inc. (the “Company”) filed a Certificate of Amendment to the Twenty Fourth Amended and Restated Certificate of Incorporation of the Company with the Secretary of State of the State of Delaware (the “Certificate of Amendment”) to affect a 1-for-10 reverse stock split (the “Reverse Stock Split”) of the shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”) on April 18, 2023.”

Jan Ruderman departed as Chief Revenue Officer Americas at ACTELIS NETWORKS INC.

“Effective March 24, 2023, Jan Ruderman departed from his position as Chief Revenue Officer Americas of Actelis Networks, Inc. (the "Company") to pursue other endeavors.”
Earnings Releases

ACTELIS NETWORKS INC reported the first nine months ended September 30, 2022 results: revenue $6.3 million.

“Revenues for the nine months ended September 30, 2022, amounted to $6.3 million, compared to $6.0 million for the nine months ended September 30, 2021.”
Earnings Releases

ACTELIS NETWORKS INC reported the fiscal third quarter ended September 30, 2022 results: revenue $1.35 million.

“Revenues for the three months ended September 30, 2022, amounted to $1.35 million, compared to $1.4 million for the three months ended September 30, 2021.”
Listing & Compliance Notices

ACTELIS NETWORKS INC received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

“November 3, 2022, Actelis Networks, Inc. (the “Company”) was notified (the “Notification Letter”) by the Nasdaq Listing Qualifications (“Nasdaq”) that it is not in compliance with the minimum bid price requirements set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.