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Actelis Networks Adjourns Special Meeting After Lacking Quorum

Story Highlights
  • Actelis failed to reach a quorum at its January 29, 2026 special shareholders’ meeting.
  • Lack of approval keeps Actelis from issuing more shares under its White Lion equity agreement and forces a new vote within 90 days.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Actelis Networks Adjourns Special Meeting After Lacking Quorum

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An update from Actelis Networks, Inc. ( (ASNS) ) is now available.

On January 29, 2026, Actelis Networks, Inc. held a special meeting of stockholders at which 479,098 shares of common stock were represented, but this attendance failed to meet the one-third quorum requirement under the company’s bylaws, preventing any vote and forcing adjournment of the meeting. The sole purpose of the meeting had been to obtain shareholder approval to issue common stock in excess of the 19.99% exchange cap set in the company’s equity line of credit purchase agreement with White Lion Capital LLC, and because the quorum was not achieved, the company remains unable to issue additional shares under that agreement beyond the cap and is now obligated to call another shareholder meeting within 90 days to seek the required approval, potentially delaying its access to further equity financing under the arrangement.

The most recent analyst rating on (ASNS) stock is a Hold with a $0.46 price target. To see the full list of analyst forecasts on Actelis Networks, Inc. stock, see the ASNS Stock Forecast page.

Spark’s Take on ASNS Stock

According to Spark, TipRanks’ AI Analyst, ASNS is a Neutral.

The score is held down primarily by weak financial performance (shrinking revenue, large losses, and persistent cash burn) and bearish technical momentum (below major moving averages with negative MACD). Corporate events provide some support via improved compliance status and added funding, but they do not outweigh the operating and cash-flow pressures; valuation is difficult to justify on earnings due to a negative P/E and no stated dividend yield.

To see Spark’s full report on ASNS stock, click here.

More about Actelis Networks, Inc.

Actelis Networks, Inc. is a company whose shares of common stock are publicly held and traded, operating under a corporate governance framework that requires shareholder approvals for significant equity issuances that could dilute existing ownership stakes.

Average Trading Volume: 1,253,711

Technical Sentiment Signal: Sell

Current Market Cap: $4.11M

For an in-depth examination of ASNS stock, go to TipRanks’ Overview page.

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