Actelis Networks raises $1.6 million through warrant exercise
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Actelis Networks Announces Warrant Exercise for $1.6 Million in Gross Proceeds
September 2, 2025 1:37 PM EDTFREMONT, Calif., Sept. 02, 2025 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ: ASNS) (Actelis or the Company), a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, announced today the entry into a definitive agreement for the immediate exercise of certain outstanding warrants to purchase an aggregate of 4,270,197 shares of the Company's common stock originally issued by the Company in December 2023, June 2024 and July 2024, at original exercise prices ranging from $1.18 to $2.00 per share, at a reduced exercise price of $0.37 per share. The resale of the shares of common stock issuable upon... More
