IPO - ACTELIS NETWORKS INC
Form Type: S-1
Filing Date: 2025-07-09
Corporate Action: Ipo
Type: New
Accession Number: 000121390025062404
Filing Summary: Actelis Networks, Inc., a leading provider of cyber-hardened, rapid-deployment networking solutions for IoT applications, has filed a registration statement on Form S-1. This filing pertains to the resale of up to 6,617,897 shares of common stock, par value $0.0001, by selling stockholders. The offering includes 1,626,019 unregistered shares, 1,626,019 shares issuable upon exercise of Series A-3 Warrants, 3,252,038 shares issuable upon exercise of Series A-4 Warrants, and 113,821 shares from Placement Agent Warrants related to a private placement that closed on July 2, 2025. Actelis is not selling any shares and will not receive proceeds from these sales; however, it may receive proceeds from the exercise of the warrants. The company has a history of developing innovative technology that enhances networking capabilities, leveraging both newly deployed and existing infrastructure. Their focus is on providing secure and efficient connectivity solutions for various sectors including government, military, and utilities. They are currently listed on the Nasdaq Capital Market under the symbol ASNS.
Additional details:
Shares Offered: 6617897
Shares Registered: 1626019
Series A 3 Warrants: 1626019
Series A 4 Warrants: 3252038
Placement Agent Warrants: 113821
Closing Price: 0.58
Minimum Bid Price Requirement: 1.00
Shareholder Approval Required: Yes
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