Financing ·
On July 28, 2026, Innoviz Technologies Ltd. entered into a securities purchase agreement for a registered direct…
INVZInnoviz Technologies Ltd.
On July 28, 2026, Innoviz Technologies Ltd. entered into a securities purchase agreement for a registered direct offering of 66,666,667 ordinary shares to institutional investors, with closing expected on July 29, 2026. The company expects gross proceeds of approximately $30 million, net of placement agent fees and offering expenses, to be used for general business purposes including the commercialization of its Perciz security and defense brand. Directors and executive officers agreed to 45-day lock-up periods. Additionally, the company disclosed preliminary financial results for the three months ended June 30, 2026, expecting revenues between $17.9 million and $18.1 million and holding approximately $48.4 to $48.5 million in cash and equivalents. Innoviz Technologies Ltd. operates in the LiDAR technology industry, designing and supplying automotive-grade sensors for automotive, security, defense, and industrial markets.