Financing ·
On July 1, 2026, Actelis Networks, Inc. entered into an Exchange and Amendment Agreement with White Lion Capital LLC…
ASNSActelis Networks Inc
On July 1, 2026, Actelis Networks, Inc. entered into an Exchange and Amendment Agreement with White Lion Capital LLC to modify a previous common stock purchase agreement following the company's April 10, 2026, delisting from the Nasdaq Capital Market. The company will issue 9,850,000 shares of common stock to White Lion, consisting of 3,000,000 shares, 3,850,000 shares via pre-funded warrants (exercise price $0.0001), and 3,000,000 shares via common warrants (exercise price $0.20). The agreement removes the previous delisting purchase notice mechanism and replaces it with amended purchase notice options based on 97% of traded prices minus $0.005. Actelis will also update its registration statements to reflect these changes. Actelis Networks operates in the telecommunications industry, providing network solutions.