Actelis Networks Entered Into At Market Offering Agreement; May Issue, Sell Shares Of Common Stock Of Up To $3.4M From Time To Time
Portfolio Pulse from Benzinga Newsdesk
Actelis Networks has entered into an at-market offering agreement, allowing it to issue and sell shares of common stock up to $3.4 million over time.
September 25, 2024 | 9:30 pm
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Actelis Networks has entered into an agreement to issue and sell up to $3.4 million in common stock, which could impact its stock price.
The at-market offering agreement allows Actelis Networks to issue and sell additional shares, which could lead to stock dilution and potentially lower the stock price in the short term.
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