Actelis Networks has entered into an At the Market Offering Agreement with H.C. Wainwright & Co. on September 25, 2024, enabling the company to sell common stock with an aggregate offering price of up to $3.4 million. The sales will be conducted through various methods, including the Nasdaq Capital Market, direct sales, and negotiated transactions at prevailing market prices.Under the agreement, H.C. Wainwright will receive a 3.0% cash commission on gross sales and customary indemnification rights. The offering will be made pursuant to a shelf registration statement on Form S-3 filed with the SEC on September 18, 2024. The agreement will terminate upon either the complete sale of all shares or termination by either party.

Actelis Networks has entered into an At the Market Offering Agreement with H.C. Wainwright & Co. on September 25, 2024, enabling the company to sell common stock with an aggregate offering price of up to $3.4 million. The sales will be conducted through various methods, including the Nasdaq Capital Market, direct sales, and negotiated transactions at prevailing market prices.Under the agreement, H.C. Wainwright will receive a 3.0% cash commission on gross sales and customary indemnification rights. The offering will be made pursuant to a shelf registration statement on Form S-3 filed with the SEC on September 18, 2024. The agreement will terminate upon either the complete sale of all shares or termination by either party.