Actelis Networks (ASNS) Exercises $2.25M of Warrants

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Go back to Actelis Networks (ASNS) Exercises $2.25M of Warrants

Actelis Announces Exercise of Warrants for $2.25 Million Gross Proceeds

July 1, 2024 7:00 AM EDT

FREMONT, Calif., July 01, 2024 (GLOBE NEWSWIRE) -- 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.... More