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Actelis Networks Raises $1M in Private Placement

Story Highlights
  • Actelis Networks raised $1 million through a private placement of common stock and warrants.
  • The company plans to use the proceeds as working capital and agreed to register the resale of unregistered securities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Actelis Networks Raises $1M in Private Placement

Elevate Your Investing Strategy:

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

On June 30, 2025, Actelis Networks, Inc. entered into a securities purchase agreement with accredited investors to issue and sell shares of common stock and warrants in a private placement, raising approximately $1 million in gross proceeds. The offering closed on July 2, 2025, with H.C. Wainwright & Co. acting as the exclusive placement agent. The company plans to use the net proceeds as working capital for general corporate purposes. The issuance of the securities was exempt from registration under the Securities Act of 1933, and Actelis agreed to file registration statements for the resale of the unregistered securities. The agreement includes restrictions on further issuance of common stock or equivalents for a specified period and outlines shareholder approval requirements for the exercise of warrants.

The most recent analyst rating on (ASNS) stock is a Buy with a $5.00 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 Underperform.

Actelis Networks faces significant financial challenges, with ongoing losses and high leverage. The technical indicators point to bearish momentum, and the valuation reflects low investor confidence. While recent corporate developments offer potential growth, they are overshadowed by financial instability and Nasdaq compliance issues.

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

More about Actelis Networks, Inc.

Actelis Networks, Inc. (NASDAQ: ASNS) is a market leader in hybrid fiber-copper, cyber-hardened networking solutions for rapid deployment in wide-area IoT applications. Their offerings include solutions for government, ITS, military, utility, rail, telecom, and campus networks, providing fiber-grade performance with the flexibility and cost-efficiency of hybrid fiber-copper networks. Actelis also focuses on enhancing network security and resilience through its ‘Cyber Aware Networking’ initiative, which includes AI-based cyber monitoring and protection for edge devices.

Average Trading Volume: 189,004

Technical Sentiment Signal: Sell

Current Market Cap: $5.25M

See more data about ASNS stock on TipRanks’ Stock Analysis page.

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