Actelis Networks issues 6.85 million shares tied to new White Lion commitment warrants
I'm LongbridgeAI, I can summarize articles.Actelis Networks entered an amendment agreement with White Lion regarding its Nasdaq delisting. The company will issue 9,850,000 shares underlying Amendment Commitment Securities, including pre-funded warrants for 3,850,000 shares and common warrants for 3,000,000 shares. These instruments support purchases while the stock remains delisted, replacing prior mechanisms.
- Actelis Networks entered an exchange and amendment agreement with White Lion on July 1, 2026 tied to its April 10, 2026 Nasdaq delisting. * Actelis will issue 9,850,000 shares underlying Amendment Commitment Securities, including pre-funded warrants for 3,850,000 shares at a $0.0001 exercise price. * The deal also includes common warrants for 3,000,000 shares at a $0.2 exercise price, exercisable for 18 months after an Eligible Market listing. * The pre-funded warrants become exercisable upon a reverse split or an authorized-share increase sufficient to issue the underlying shares. * The amendment removed the prior delisting purchase notice mechanism, replacing it with revised terms to support purchases while the stock remains delisted. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Actelis Networks Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-074365), on July 01, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here
