A2Z Smart (AZ) Announces 642.86K Share Offering at $2.80/sh

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A2Z Cust2Mate Solutions Corp. Announces Aggregate US$1.8 Million Registered Direct Offering, Priced at $2.80 Per Share, with No Warrants

October 11, 2024 4:10 PM EDT

TEL AVIV, ISRAEL / ACCESSWIRE / October 11, 2024 / A2Z Cust2Mate Solutions Corp. (the "Company" or "A2Z") (NASDAQ: AZ), a global leader in innovative technology solutions, today announced that it has entered into a definitive securities purchase agreement with certain accredited investors to issue, in a registered direct offering, up to 642,860 common shares at a purchase price of US$2.80 per share. Subject to customary closing conditions, the transaction is expected to close on or around Tuesday, October 15, 2024. A2Z anticipates that the net proceeds from this offering, after deducting offering expenses, will be... More