Actelis Networks Announces $2.25M Capital Raise Through Warrant Exercise and New Warrants Issuance
Portfolio Pulse from Benzinga Newsdesk
Actelis Networks, Inc. (NASDAQ:ASNS) announced a $2.25M capital raise through the exercise of Series A-2 warrants and issuance of new warrants. The proceeds will be used for general corporate purposes.
July 01, 2024 | 11:09 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Actelis Networks announced a $2.25M capital raise through the exercise of Series A-2 warrants and issuance of new warrants. The proceeds will be used for general corporate purposes.
The capital raise will provide Actelis Networks with additional funds for general corporate purposes, which could support growth and operational stability. The issuance of new warrants at a lower exercise price may also attract more investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100