IPO - Arbe Robotics Ltd.

Form Type: 424B5

Filing Date: 2025-01-08

Corporate Action: Ipo

Type: New

Accession Number: 000121390025001835

Filing Summary: Arbe Robotics Ltd. is offering 8,984,375 ordinary shares at a per-share price of $3.20, raising approximately $27 million after underwriting fees and expenses. The offering is conducted as a prospectus supplement to a previously filed registration statement and will take place under the Nasdaq Capital Market symbols 'ARBE' for ordinary shares and 'ARBEW' for warrants. Following the offering, the total outstanding shares will be 90,094,270 (or 91,441,926 if the underwriters' option to purchase additional shares is exercised). The company has granted a 30-day option for the underwriters to purchase an additional 1,347,656 shares, which could result in additional proceeds of approximately $4 million before expenses. The funds will primarily be used for working capital and general corporate purposes. The document includes various risk factors associated with the investment, emphasizing the high degree of risk involved. Delivery of securities is anticipated around January 8, 2025.

Document Link: View Document