Actelis Networks Announces Reverse Stock Split

Core Viewpoint - Actelis Networks, Inc. has announced a one-for-ten reverse stock split of its common stock, effective before trading opens on November 18, 2025, to increase the stock price and attract institutional investors [1][2]. Group 1: Reverse Stock Split Details - The reverse stock split will convert every 10 shares of the Company's outstanding common stock into one share [2]. - The number of outstanding shares will decrease from approximately 17.5 million to about 1.75 million, while the number of authorized shares will remain unchanged [3]. - Fractional shares resulting from the reverse stock split will be rounded up to the next whole number [3]. Group 2: Stockholder Actions - Registered stockholders holding shares in book-entry or through a bank or broker do not need to take any action regarding the reverse stock split [4]. - Stockholders with physical stock certificates will receive instructions from the Company's transfer agent, VStock Transfer, LLC, for exchanging their certificates [4]. Group 3: Company Overview - Actelis Networks is a leader in hybrid fiber-copper networking solutions for IoT applications, providing fiber-grade performance with cost efficiency [6]. - The Company also offers AI-based cyber monitoring and protection through its "Cyber Aware Networking" initiative, enhancing network security [6].