Arbe Robotics prices $15M direct offering at $0.60 per share

Arbe Robotics Ltd. (NASDAQ: ARBE, TASE: ARBE) has priced an underwritten registered direct offering of ordinary shares and pre-funded warrants, with gross proceeds estimated at approximately $15 million before deducting underwriting discounts, commissions, and other expenses, according to a press release.

The Tel Aviv-based company is offering 833,334 ordinary shares at $0.60 per share. In lieu of ordinary shares to certain investors, Arbe is also offering pre-funded warrants to purchase up to 24,166,666 ordinary shares at $0.5999 per share, which equals the offering price less the $0.0001 exercise price per warrant. The pre-funded warrants are immediately exercisable and do not expire until exercised in full.

The offering is expected to close on or about Sept. 28, 2026, subject to customary closing conditions. Canaccord Genuity is acting as sole bookrunner.

Arbe stated it intends to use net proceeds for working capital and general corporate purposes, including scaling operations, potential expansion into defense and counter-drone markets, and possible merger and acquisition opportunities.

The securities are being offered under a registration statement on Form F-3 filed with the Securities and Exchange Commission, originally submitted June 5, 2025, and declared effective June 13, 2025.

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