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Actelis Networks Files Statement for Common Stock Resale by Stockholders; Shares Fall
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Actelis Networks Files Statement for Common Stock Resale by Stockholders; Shares Fall
Jun 24, 2024 9:02 AM

11:32 AM EDT, 06/24/2024 (MT Newswires) -- Actelis Networks ( ASNS ) filed a registration statement with the US Securities and Exchange Commission Monday covering the potential resale of up to 2.1 million Actelis common shares by certain selling stockholders from time to time.

The shares are issuable upon the exercise of certain warrants, according to a regulatory filing.

The company said it will not receive any proceeds from the sale or other disposition of shares by any of the selling stockholders. However, it will receive proceeds from the exercise of any warrants for cash, Actelis said.

The company's shares were down 3.7% in recent trading.

Price: 1.85, Change: -0.02, Percent Change: -1.07

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