Business
Arbe Robotics, Ltd. Announces Closing of $18.5 Million Underwritten Registered Direct Offering, Including Full Exercise of Underwriters’ Over-Allotment Option
TEL AVIV, ISRAEL, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Arbe Robotics Ltd. (NASDAQ: ARBE) (TASE: ARBE), (“Arbe” or the “Company”), a global leader in Perception Radar Solutions, today announced the closing of its previously announced public offering of an aggregate of 13,225,000 ordinary shares, which includes 1,725,000 ordinary shares issued pursuant to the full exercise by the underwriters of their over-allotment option. The offering was priced at $1.40 per ordinary share, resulting in gross proce
About this update from Arbe Robotics Ltd.
[{"type":"text","content":"TEL AVIV, ISRAEL, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Arbe Robotics Ltd. (NASDAQ: ARBE) (TASE: ARBE), (“Arbe” or the “Company”), a global leader in Perception Radar Solutions, today announced the closing of its previously announced public offering of an aggregate of 13,225,000 ordinary shares, which includes 1,725,000 ordinary shares issued pursuant to the full exercise by the underwriters of their over-allotment option. The offering was priced at $1.40 per ordinary share, resulting in gross proceeds of approximately $18.5 million before deducting underwriting discounts and commissions and other offering expenses. The Company intends to use the net proceeds from this offering for working capital and general corporate purposes.","length":734,"tagName":"p"},{"type":"text","content":"This deal was led by certain institutional investors, including AWM Investment Company, Inc., the investment adviser of the Special Situations Funds, which also participated in numerous of the Company’s previous financings. Canaccord Genuity acted as sole bookrunner for the offering, with Roth Capital Partners and WestPark Capital acting as co-managers for the offering.","length":372,"tagName":"p"},{"type":"text","content":"The securities described above were offered pursuant to a registration statement on Form F-3 (File No. 333- 287805), originally filed on June 5, 2025, with the Securities and Exchange Commission (the “SEC”) and declared effective by the SEC on June 13, 2025. The offering was made only by means of a prospectus and a prospectus supplement which forms a part of the effective registration statement relating to the offering. Electronic copies of the final prospectus may be obtained on the SEC’s website at http://www.sec.gov and may also be obtained by contacting Canaccord Genuity LLC, Attn: Syndication Department, 1 Post Office Square, 30th Floor, Boston, MA 02109, or by email at [email protected]","length":702,"tagName":"p"},{"type":"text","content":"This press release shall not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.","le...