Actelis Networks, Inc. announced the pricing of a public offering of 6,250,000 shares of common stock.
The public offering price is $0.80 per share with associated warrants.
The gross proceeds to the company from the offering are expected to be $5 million.
Offering Details
6,250,000 shares of common stock priced at $0.80 per share.
Use of Proceeds
Intended for general corporate purposes.
Placement Agent
H.C. Wainwright & Co. is the exclusive placement agent for the offering.
- Actelis Networks aims to raise $5 million through the public offering.
- The offering is vital for the company's future expansion and operational activities.
The public offering by Actelis Networks is a strategic move to secure funds for future growth and operational needs.