Actelis Networks (ASNS) IPO Opens Modestly Lower

May 13, 2022 10:10 AM EDT
Get Alerts ASNS Hot Sheet
Price: $1.51 -5.03%

Overall Analyst Rating:
    NEUTRAL (= Flat)

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Today's IPO for Actelis Networks, Inc. (NASDAQ: ASNS) opened for trading at $3.90 after pricing 3,750,000 shares at $4 per share.

Boustead Securities, LLC was the the sole underwriter for the offering.

Actelis Networks is a market leader in cyber-hardened, hybrid fiber-copper networking solutions for wide-area IoT applications including federal, state and local government, ITS, military, utility, rail, telecom and campus applications.

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