Business
Arbe Successfully Completes a $15.7 Million Private Placement Follow-on Offering of its Series A Convertible Bonds
Arbe Robotics Ltd. (Nasdaq: ARBE) (TASE: ARBE), a global leader in perception radar solutions, today announced the successful completion of a $15.7 million private placement, through a follow-on offering as an expansion of its existing outstanding Series A Convertible Bonds.
About this update from Arbe Robotics Ltd.
[{"type":"text","content":"Total of $24.3 Million from Arbe's Series A Convertible Bonds Now Held at the Trustee","length":89,"tagName":"p","attribs":{}},{"type":"text","content":"TEL AVIV, Israel, Dec. 30, 2025 /PRNewswire/ -- Arbe Robotics Ltd. (Nasdaq: ARBE) (TASE: ARBE), a global leader in perception radar solutions, today announced the successful completion of a $15.7 million private placement, through a follow-on offering as an expansion of its existing outstanding Series A Convertible Bonds.","length":328,"tagName":"p"},{"type":"image","alt":"Arbe Robotics Logo","displaySize":"","headline":null,"caption":"Arbe Robotics Logo","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":400,"url":"https://media.zenfs.com/en/prnewswire.com/a93a503f7ea1985aa2e365a7c41f918a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ExfKlGrxLZN9BaiC8XH1ig--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTcwNTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/a93a503f7ea1985aa2e365a7c41f918a","width":400,"height":400}}},{"type":"text","content":"As previously reported, in June 2024 Arbe announced the issuance of approximately $30 million in Series A Convertible Bonds. In January 2025, $21.5 million of this amount was released from escrow following the conversion of convertible bonds to ordinary shares of the Company, at the request of bondholders. The remaining balance of $8.6 million continues to be held in escrow. Following the completion of the follow-on offering announced today, the amount held in escrow under this series increased to $24.3 million.","length":517,"tagName":"p"},{"type":"text","content":"The Company issued a 6-K on December 22, 2025 reporting that its bondholders approved an extension to the Series A Convertible Bonds' maturity date to December 31, 2026, a reduction of the annual interest rate from 6.5% to 4.35% commencing January 1, 2026, as well as other amendments. The additional bonds issued as part of this follow-on offering have the same terms as all of Arbe's existing outstanding Series A Convertible Bonds, including the lower interest rate. Following their registration for trading on the Tel Aviv Stock Exchange on December 29, 2025, all Series A Convertible Bonds will trade as a single series.","length":633,"tagName":"p"},{"type":"text","content":""We are very pleased with the successful expansion of...