Quarterly report [Sections 13 or 15(d)]

Subsequent Events

v3.25.2
Subsequent Events
6 Months Ended
Jun. 30, 2025
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 9 – SUBSEQUENT EVENTS:

 

Private Placement 

 

The Company entered into a Securities Purchase Agreement with certain accredited investors, pursuant to which it completed a private placement offering on July 2, 2025, for gross proceeds of approximately $1.0 million. In connection with the offering, the Company issued 1,626,019 shares of common stock and accompanying warrants to purchase additional shares of common stock, subject to shareholder approval. H.C. Wainwright acted as Placement Agent and received fees totaling 7% of gross proceeds, plus $35,000 in expenses and warrants equal to 7% of shares sold, exercisable for five years after shareholder approval.

 

2025 Annual Shareholders Meeting

 

On August 12, 2025, the Company’s shareholders approved the Actelis 2025 Equity Incentive Plan, authorizing a new pool of 1.8 million plan shares. The plan is effective until 2035.