Arbe Robotics (ARBE) Prices Up to $49 Million Public Offering

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Go back to Arbe Robotics (ARBE) Prices Up to $49 Million Public Offering

Arbe Robotics, Ltd. Announces Pricing of up to $49 Million Public Offering

November 1, 2024 8:56 AM EDT

$15 million upfront with up to an additional $34 million of aggregate gross proceeds upon the exercise in full for cash of long-term and milestone-linked warrants

TEL AVIV, ISRAEL, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Arbe Robotics Ltd. (NASDAQ, TASE: ARBE) (Arbe or the Company), a global leader in Perception Radar Solutions, today announced the pricing of a public offering of an aggregate of 8,250,000 ordinary shares (or pre-funded warrants in lieu thereof) accompanied by Tranche A Warrants to purchase up to 8,250,000 ordinary shares and Tranche B... More