DUKE Robotics Raises $9.2 Million Unit Offering With Maxim; Appoints Equiniti as Warrant Agent

DUKE Robotics completed agreements supporting a public unit offering that generated approximately $9.225 million in gross proceeds. The company signed an Underwriting Agreement with Maxim Group for 1,125,000 units at $8.20 per unit, each with a five-year warrant at $8.60, and the underwriters partially exercised the over-allotment for 168,750 warrants. Concurrently, DUKE appointed Equiniti as Warrant Agent to administer the public warrants. Proceeds will support research and development, sales expansion, marketing, business development, potential acquisitions, and working capital.Agreement 1: DUKE Robotics Raises $9.2 Million in Unit Offering; Underwriting Led by Maxim GroupAgreement type: Underwriting agreement for public unit offeringCounterparty: Maxim GroupSigned / Effective: May 14 2026 / May 18 2026Duration / Termination: Offering close; 45-day over-allotment; ROFR 18 months; lock-up 6 monthsReason: Raise capital for R&D, sales, marketing, acquisitions and working capitalAgreement 2: DUKE Robotics Appoints Equiniti as Warrant Agent for Public Offering WarrantsAgreement type: Warrant Agent AgreementCounterparty: Equiniti Trust CompanySigned / Effective: May 14 2026 / sameDuration / Termination: 5 years (warrant term)Reason: Appoint agent to administer public warrantsOriginal SEC Filing: DUKE Robotics Corp. [ USDR ] - 8-K - May. 18, 2026DisclaimerThis is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.