Arbe Robotics Ltd. announced the pricing of an underwritten registered direct offering on September 25, 2026, raising approximately $15 million in gross proceeds. The company sold 833,334 ordinary shares at $0.60 per share and pre-funded warrants for up to 24,166,666 additional shares at $0.5999 per warrant. Canaccord Genuity served as the sole bookrunner, receiving a 6% underwriting commission plus expense reimbursement. Net proceeds are designated for working capital, scaling operations for an L3 passenger vehicle program with a major automotive group, expansion into defense and counter-drone markets, and potential strategic acquisitions. The offering closed on September 28, 2026. Arbe Robotics Ltd. operates in the autonomous driving and defense technology industry, providing ultra-high-resolution radar solutions.
