10:50 AM EDT, 10/02/2024 (MT Newswires) -- A2Z Cust2Mate Solutions ( AZ ) said Wednesday that it signed a securities purchase agreement with certain accredited investors for a registered direct offering of up to about 5.4 million common shares at $0.75 per share, or a total of around $4.1 million.

The company said it expects to close the offering on Wednesday and net proceeds will be used for working capital and general corporate purposes.

Shares of A2Z Cust2Mate Solutions ( AZ ) were up more than 6% in recent trading.

Price: 0.80, Change: +0.05, Percent Change: +6.15