Israel Niv
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.
Highest-materiality recent filing
Actelis Q1 revenue up 33% to $958k; net loss widens to $2.46M; gross margin drops to 25%
Revenue $958k (+33% YoY) driven by deliveries in US federal, ITS, and telecom; North America up 25%, EMEA up 27%.
Actelis Networks begins trading on OTCQB under symbol ASNS after Nasdaq delisting
Common stock commenced trading on OTCQB Venture Market effective April 24, 2026, under symbol ASNS.
Actelis shareholders approve reverse stock split and ELOC share issuance
Proposal 1 (authorize ELOC share issuance) passed: 798,074 for, 285,504 against, 2,964 abstain.
Actelis Networks delisted from Nasdaq; trading suspended April 10, moving to OTC markets
Nasdaq Hearings Panel denied continued listing; trading suspended at open on April 10, 2026.
Actelis Networks announces binding term sheet to acquire Exaware, entering AI data center market
All-stock acquisition of Exaware; post-transaction value split ~40% Actelis / 60% Exaware.
Actelis Networks FY2025 revenue drops 53% to $3.7M; net loss widens to $8.3M
Revenue $3.7M in 2025 vs $7.8M in 2024; net loss $8.3M vs $4.4M.
Actelis Networks receives Nasdaq delisting notice for bid price; requests hearing
Nasdaq notified Actelis on Feb 4, 2026 of non-compliance with $1.00 minimum bid price for 30 consecutive days.
Actelis Networks receives Nasdaq delisting notice for bid price non-compliance
Received Nasdaq notice on Feb 4, 2026; bid price below $1.00 for 30 consecutive business days.
Actelis Networks gets ~$200K follow-on order from major U.S. carrier for T1-to-fiber upgrades
New orders follow initial deployment announced in December 2025; carrier operates across 20+ states.
Actelis delivers ~$0.5M FAA order for air traffic control modernization
Delivery completed in Q4 2025; order originally announced September 2025.
Actelis Networks prices $5M public offering of common stock and warrants
Offering of 6.25M shares/pre-funded warrants and 6.25M common warrants at $0.80 per unit.
Actelis Networks regains Nasdaq minimum bid price compliance after deficiency notice
Received formal Nasdaq notice on Dec 3, 2025 confirming compliance with $1.00 bid price rule, closing prior deficiency.
Actelis Q3 revenue $0.64M, net loss $2M; bookings nearly double Q2
Q3 revenue $0.64M vs $2.54M a year ago; net loss $2M vs $0.5M loss in Q3 2024.
Actelis regains Nasdaq equity compliance; faces bid-price deadline Dec 5, 2025
On Oct 28, 2025, Nasdaq confirmed Actelis regained compliance with stockholders' equity requirement (Rule 5550(b)(1)).
Actelis Networks at risk of Nasdaq delisting; raises $850K to meet equity rule
Received Nasdaq Staff notice on Aug 19, 2025 for non-compliance with $2.5M stockholders' equity requirement as of June 30, 2025.
Actelis Networks enters $30M equity line with White Lion Capital and completes $850K PIPE
Equity line allows Actelis to sell up to $30M of common stock to White Lion at 97.5% of VWAP or prior close.
Actelis Networks raises ~$1.6M via warrant exercise; issues new warrants at $0.37/sh
Holder exercised 4,270,197 existing warrants at reduced price of $0.37/sh, yielding ~$1.6M gross.
Actelis receives ~$0.5M order from FAA for air traffic control modernization
Received approximately $0.5M order from FAA for air traffic control networking modernization.
Actelis Networks faces Nasdaq delisting over $2.5M stockholders' equity shortfall
Received Nasdaq notice on Aug 19, 2025 for non-compliance with $2.5M stockholders' equity requirement as of June 30, 2025.
Actelis Networks announces operational restructuring targeting 20% expense reduction by end of 2025
Plan leverages AI, offshoring, outsourcing, and automation to streamline R&D, sales, and G&A.
Actelis Q2 2025 revenue $0.94M (up 31% seq.) but down 72% YoY; net loss widened to $1.9M
Revenue $0.94M, down 72% from $3.4M in Q2 2024; sequential growth of 31% from Q1 2025.
Actelis Networks closes $1M private placement of common stock and warrants
Offered 1,626,019 shares of common stock at $0.615 per share plus Series A-3 and A-4 warrants to purchase up to 4,878,057 shares.
Actelis Networks receives Nasdaq bid price deficiency notice; 180 days to comply
Nasdaq notified Actelis on May 12, 2025 of non-compliance with minimum $1.00 bid price for 30 consecutive business days.
Revenue $721K vs $726K YoY (flat); gross margin 35% vs 30% YoY.
Actelis Networks FY 2024 revenue up 38% to $7.8M; net loss narrows 30%
Revenue $7.8M vs $5.6M in 2023; gross margin improved to 55% from 34%.
Actelis Networks launches MetaShield, AI-based cybersecurity solution for edge infrastructure
MetaShield provides real-time anomaly detection and AI-driven threat mitigation for IoT and critical infrastructure networks.
Actelis Networks selected by Seattle for significant infrastructure modernization project
New order from City of Seattle Department of Transportation for ITS upgrade using Actelis hybrid-fiber technology.
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.
Mr. Niel Ransom has been elected as a Class II director of the Company, effective February 1, 2025
Effective February 1, 2025, Joseph Moscovitz retired as a director of 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.
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.
Effective May 9, 2024, Noemi Schmayer resigned as a director of Actelis Networks, Inc. (the “Company”).
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
Effective May 15, 2024, Naama Halevi-Davidov resigned as a director of the Company.
Max materiality 0.85 · Median 0.60 · Most common event other_material