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Arbe Announces Proposed Extension of Convertible Debenture Milestones
Prnewswire· 2025-12-08 21:00
Core Viewpoint - Arbe Robotics Ltd. is proposing to extend the deadline for meeting conditions under its series A convertible bonds to December 31, 2026, to avoid early redemption of unconverted bonds [1][2]. Group 1: Bondholder Meeting and Terms - A bondholder meeting is scheduled for December 16, 2025, to vote on the proposed extension and updated terms, which include reducing the interest rate from 6.5% to 4.35% effective January 1, 2026 [2]. - The conversion price for the bonds remains at ILS 9.53 (approximately $2.95) per share, and the company is considering issuing additional bonds to increase the total principal amount to up to $20 million from the current $8.5 million [2]. Group 2: Conditions for Fund Release - The release of funds from the trustee is contingent upon three conditions, which include securing a strategic program award with a European OEM, maintaining a share price of at least $3.10 for 30 consecutive trading days, and achieving a minimum trading volume of 300,000 shares per day [3][6]. - The decision to seek an extension is influenced by recent developments that have led Arbe to not expect securing the potential strategic program award in the near future [3]. Group 3: Company Overview - Arbe Robotics is a leader in ultra-high-resolution radar solutions, providing technology that enhances safety in driving systems and supports advancements from ADAS to full vehicle autonomy [4]. - The company’s radar chipset offers up to 100 times more detail than traditional radar systems, enabling real-time, 4-dimensional imaging for various vehicle segments and safety applications [4].
Arbe to Announce Second Quarter 2025 Financial Results and to Hold a Conference Call on August 7, 2025
Globenewswire· 2025-07-21 12:00
Core Viewpoint - Arbe Robotics Ltd. is set to hold its second quarter 2025 conference call on August 7, 2025, at 8:30 a.m. Eastern Time, with financial results to be released before the US market opens on the same day [1]. Group 1: Conference Call Details - The conference call will feature Kobi Marenko, Co-Founder and CEO, and Karine Pinto-Flomenboim, CFO [2]. - Participants can access the live call via telephone or pre-register using a provided link [2][3]. - A live webcast will be available on the day of the call, with an archived version accessible the following day [3]. Group 2: Company Overview - Arbe Robotics is a leader in perception radar solutions, focusing on enhancing driver-assist systems and advancing towards full autonomous driving [4]. - The company's radar technology is noted to be 100 times more detailed than competitors, making it essential for L2+ and higher autonomy applications [4]. - Arbe operates in the rapidly growing automotive radar market and has a global presence with offices in China, Germany, and the United States [4].
Arbe to Participate in Upcoming Investor Conferences
Prnewswire· 2025-05-12 12:00
Core Viewpoint - Arbe Robotics Ltd. is actively participating in investor conferences to showcase its leadership in perception radar solutions, which are crucial for advancing driver-assist systems and autonomous driving technology [1][3]. Company Overview - Arbe Robotics is a global leader in perception radar solutions, providing technology that is 100 times more detailed than any other radar on the market, essential for L2+ and higher autonomy in vehicles [3]. - The company is based in Tel Aviv, Israel, with additional offices in China, Germany, and the United States, and is focused on empowering automakers and suppliers in the fast-growing automotive radar market [3]. Upcoming Events - Arbe's CEO, Kobi Marenko, will present at the Ladenburg Innovation Expo on May 21, 2025, at 2:00 PM ET in New York City, which will be available via webcast [1][5]. - The company will also participate in the 15th Annual Roth London Conference on June 25, 2025, in London, U.K., focusing on in-person meetings [5]. Investor Engagement - Investors interested in one-on-one virtual meetings with Arbe's management during the conferences can contact their bank representative or reach out via email [2].
Arbe to Announce Q1 2025 Financial Results and Hold a Conference Call on May 20, 2025
Prnewswire· 2025-04-29 12:00
Company Overview - Arbe Robotics Ltd. is a global leader in perception radar solutions, focusing on enabling safe driver-assist systems and paving the way for full autonomous driving [5] - The company's radar technology is 100 times more detailed than any other radar on the market, making it a critical sensor for L2+ and higher autonomy [5] - Arbe is based in Tel Aviv, Israel, with additional offices in China, Germany, and the United States, serving automakers, Tier-1 suppliers, and various safety applications [5] Conference Call Details - The first quarter 2025 conference call is scheduled for May 20, 2025, at 8:30 a.m. Eastern Time, with financial results to be issued before the market opens [1] - Key speakers will include Kobi Marenko, Co-Founder and CEO, and Karine Pinto-Flomenboim, CFO [2] - Participants can access the call via telephone or through a live webcast, with a replay available until June 3, 2025 [2][4]