IPO - A2Z CUST2MATE SOLUTIONS CORP.

Form Type: 424B5

Filing Date: 2025-01-29

Corporate Action: Ipo

Type: New

Accession Number: 000149315225004081

Filing Summary: A2Z Cust2Mate Solutions Corp. is offering 3,281,250 common shares at a public offering price of $6.40 per share, generating a total of approximately $21 million. The offering includes underwriter warrants allowing the purchase of 229,688 additional common shares. This prospectus supplement is part of a shelf registration statement filed with the SEC on April 12, 2023, which became effective on April 21, 2023. The document describes the company’s innovative technology solutions, particularly focusing on smart cart systems designed to enhance the retail shopping experience. The shares are listed on the Nasdaq Capital Market under the symbol 'AZ'. It is noted that the company has a high degree of investment risk and relies on external funding for operations. Additionally, the financial condition indicates recurring losses and the need for fundraising to continue operations. The reverse share split effective on October 8, 2024, is also mentioned, affecting the share and per share statistics. The underwriter for this issue is Titan Partners Group, with shares expected to deliver on January 29, 2025.

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Form Type: 424B5

Filing Date: 2025-01-27

Corporate Action: Ipo

Type: New

Accession Number: 000149315225003790

Filing Summary: A2Z Cust2Mate Solutions Corp. is conducting an initial public offering (IPO) of its common shares with the securities filed under Rule 424(b)(5). The preliminary prospectus supplement outlines the terms of the offering and incorporates previously filed financial statements. This IPO aims to raise capital for the sale of common shares priced at a public offering price of $ per share as of the date of this filing. The company is utilizing a shelf registration process with a registration statement that was declared effective on April 21, 2023. A reverse share split occurred on October 8, 2024, affecting share counts and pricing. The document discusses the risks of investing in the company's securities, emphasizing the high degree of uncertainty and potential losses due to recurring negative cash flows. The smart cart technology developed by the company represents a significant part of its business model, and the company is focusing on growing its market share in this sector. The offering is supported by strong customer orders and partnerships with notable retailers such as M. Yochananof and IR2S, which enhances the company's operational capabilities and product outreach.

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