Innoviz Technologies prices $30M share offering on Nasdaq

Innoviz Technologies Ltd. (NASDAQ: INVZ) has entered into a definitive agreement with institutional investors to sell 66,666,667 ordinary shares in a registered direct offering expected to generate approximately $30 million in gross proceeds before deducting offering expenses.

The Tel Aviv-based LiDAR technology company said it plans to use net proceeds for general business purposes, including supporting the commercialization of Perciz, its dedicated security and defense brand. The offering was expected to close on or about July 29, 2026, subject to customary closing conditions.

Titan Partners acted as sole placement agent for the offering, with WestPark Capital, Inc. serving as financial advisor. The offering was made pursuant to a registration statement on Form F-3 filed with the Securities and Exchange Commission on August 13, 2025, and declared effective on August 21, 2025.

Innoviz supplies LiDAR sensors and software to automotive manufacturers and extends its sensing technology into defense, homeland security, industrial, and smart infrastructure markets. Under the Perciz brand, the company offers LiDAR sensors for applications including counter-UAS systems, perimeter intrusion detection, and homeland security.

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