Financing ·
Odysight.ai Inc. priced a firm commitment underwritten public offering of 3,437,500 shares of common stock at $3.20…
ODYSOdysight.ai Inc.
Odysight.ai Inc. priced a firm commitment underwritten public offering of 3,437,500 shares of common stock at $3.20 per share on August 20, 2026. The transaction generates approximately $11 million in gross proceeds before deducting underwriting discounts and estimated offering expenses. Roth Capital Partners served as the sole book-running manager for the equity issuance. The company granted an option to purchase up to 515,625 additional shares at the same price. Proceeds are intended for research and development, sales and marketing, working capital, and general corporate purposes. The offering is expected to close on or about August 21, 2026. Odysight.ai Inc. develops visual monitoring AI solutions using small sensors to monitor critical safety components in hard-to-reach locations.