Rail Vision Ltd. (RVSN) has released an update.
Rail Vision Ltd., an AI-based railway safety technology firm, has secured a $20 million Standby Equity Purchase Agreement with Yorkville Advisors Global, offering financial flexibility for growth and market expansion. The deal allows the sale of Rail Vision shares to Yorkville over three years, with no obligation to draw the full amount and no operational restrictions imposed. This strategic partnership aims to accelerate Rail Vision’s initiatives and enhance its global market share in the railway safety industry.
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