A2Z Smart (AZ) Withdraws Proposed Share Offering

A2Z Smart Technologies Corp. (NASDAQ: AZ) today announced that it has withdrawn its previously announced proposed public offering of securities and is no longer proceeding with ThinkEquity as its placement agent. The Company instead intends to proceed, without a placement agent, with a registered direct offering of its common shares, which the Company anticipates will be up to $4,500,000, and a private placement to close on a later date which the Company anticipates will be up to $2,500,000 common shares (and/or pre-funded warrants in lieu thereof). The Company expects to announce entry into definitive binding agreements pre-market April 2, 2024.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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