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Actelis Networks stock drops 28% following $15M IPO

May 13, 2022 10:48 AM ETASNSBy: Val Brickates Kennedy, SA News Editor

Initial public offering hologram, night panoramic city view of Bangkok. The financial center for multinational corporations in Asia. The concept of boosting the growth by IPO process. Double exposure.

2d illustrations and photos/iStock via Getty Images

Actelis Networks (ASNS) stock dropped nearly 30% after conducting a $15M initial public offering that was priced at the lower end of its proposed range.

Shares of the networking solutions provider opened

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