Actelis Networks Announces $2.25M Capital Raise Through Warrant Exercise and New Warrants Issuance
Actelis Networks Announces $2.25M Capital Raise Through Warrant Exercise and New Warrants Issuance
Actelis Networks, Inc. (NASDAQ:ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, today announced the entry into a definitive agreement for the immediate exercise of certain outstanding Series A-2 warrants to purchase up to an aggregate of 999,670 shares of common stock of the Company originally issued in June 2024 having an exercise price of $2.00 per share. The shares of common stock issuable upon exercise of the warrants are registered pursuant to an effective registration statement on Form S-1 (No. 333-280434). The gross proceeds to the Company from the exercise of the warrants are expected to be approximately $2.25 million, prior to deducting placement agent fees and estimated offering expenses.
物聯網應用中,Actelis Networks, Inc. (NASDAQ:ASNS)(以下簡稱"Actelis"或"公司")是一家市場領先的網絡解決方案提供商,專注於快速部署、以網絡安全爲重點的解決方案。今天,公司公佈了正式協議,立即行使某些未使用的A-2系列認股權,可以購買公司於2024年6月最初發行的總計999,670股普通股(每股價格爲2.00美元)。根據S-1表格(編號333-280434)的有效註冊聲明,可以行權的普通股已經註冊。此次交易完成後,扣除發行代理費和估計發行支出,公司獲預計約2.25百萬美元的總收益。
H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.
H.C.Wainwright & Co.將擔任本次定向增發的獨家配售代理。
In consideration for the immediate exercise of the warrants for cash and the payment of additional $0.125 per new unregistered warrant (additional $249,917.50 in the aggregate, which are included in the gross proceeds to the Company), the Company will issue new unregistered warrants to purchase up to 1,999,340 shares of common stock. The new warrants will have an exercise price of $1.75 per share, will be immediately exercisable upon issuance and will have a term of twenty-four months from the issuance date.
考慮現金即時行使認股權以及支付每張新的未註冊認股權0.125美元(總計附帶$249,917.50,已包含在公司的總收益中),公司將發行新的未註冊認股證券,可以購買總計1,999,340股普通股。新認股證券每股價格爲$1.75,發行後可以立即行使,有效期爲從發行之日起24個月。
The offering is expected to close on or about July 2, 2024, subject to satisfaction of customary closing conditions. The Company intends to use the net proceeds from the offering as working capital for general corporate purposes.
此次發行預計於2024年7月2日左右完成,須滿足慣例的成交條件。公司打算將此次募集的淨收益用於普通的經營資金。