Actelis Networks Announces Pricing of $5 Million Public Offering

Core Viewpoint - Actelis Networks, Inc. has announced a public offering of 6,250,000 shares of common stock at a price of $0.80 per share, aiming to raise approximately $5 million in gross proceeds for general corporate purposes [1][2]. Group 1: Offering Details - The public offering includes warrants to purchase an additional 6,250,000 shares of common stock, with an exercise price of $0.80 per share, exercisable upon issuance and expiring five years thereafter [1]. - The closing of the offering is expected around December 19, 2025, pending customary closing conditions [1]. Group 2: Financial Information - The gross proceeds from the offering are anticipated to be $5 million before deducting placement agent fees and other expenses [2]. - H.C. Wainwright & Co. is acting as the exclusive placement agent for this offering [2]. Group 3: Company Overview - Actelis Networks, Inc. specializes in hybrid fiber and cyber-hardened networking solutions for IoT applications across various sectors, including government, military, and telecom [5]. - The company’s offerings provide fiber-grade performance while maintaining the flexibility and cost-efficiency of hybrid fiber-copper networks [5]. - Actelis also emphasizes network security through its "Cyber Aware Networking" initiative, which includes AI-based cyber monitoring and protection for edge devices [5].