newsfilter
← Latest News
GlobeNewswire·

Odysight.ai Inc. Announces Pricing of $11 million Public Offering of Common Stock

ODYS
  • Odysight.ai Inc. priced a public offering of 3,437,500 common stock shares at $3.20 per share.
  • Gross proceeds from the offering are expected to be $11 million before deducting underwriting discounts, commissions, & estimated expenses.
  • Roth Capital Partners holds a 30-day option to purchase an additional 515,625 shares (15% of the offering) at the same price.
  • Board members Benad Goldwasser & Mori Arkin, along with certain existing shareholders, participated in the offering.
  • Net proceeds will fund research & development, sales & marketing, scaling commercial operations, & working capital.
  • Roth Capital Partners serves as the sole book-running manager for the offering.
  • The offering is expected to close on or about August 21, 2026, subject to customary conditions.
  • The transaction utilizes an effective shelf registration statement on Form S-3 filed with the SEC.
  • Odysight.ai provides visual monitoring AI solutions for safety components in harsh environments, serving clients including NASA.
  • The company is headquartered in Ramat Gan, Israel, with dual listings on Nasdaq & the Tel Aviv Stock Exchange (TASE).