Arbe Robotics Ltd. Announces Closing of $15 Million Underwritten Registered Direct Offering
The pre-funded warrants are immediately exercisable and do not expire until exercised in full.
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Rhea-AI Summary
Arbe Robotics (ARBE) closed an underwritten registered direct offering with approximately $15 million in gross proceeds.
Arbe sold 833,334 ordinary shares at $0.60 each and pre-funded warrants to purchase up to 24,166,666 shares at $0.5999 per share. Each warrant has a $0.0001 per-share exercise price. Gross proceeds are before underwriting discounts, commissions and other offering expenses. Arbe intends to use net proceeds to scale operations for commercial opportunities, including a previously announced selection of its radar technology for a Level 3 passenger vehicle program. It also intends to expand into defense and counter-drone markets and potentially pursue mergers and acquisitions.
Positive
- Approximately $15 million in gross proceeds provides Arbe with funding before offering expenses.
- Arbe intends to scale operations to support commercial opportunities, including its previously announced Level 3 program selection.
- Arbe intends to expand into defense and counter-drone markets.
- Arbe intends to use proceeds to potentially pursue mergers and acquisitions.
Negative
- 833,334 new ordinary shares sold at $0.60 each dilute existing holders.
- Pre-funded warrants for up to 24,166,666 shares, priced at $0.5999 per share with a $0.0001 per-share exercise price, add potential dilution.
- Underwriting discounts, commissions and other offering expenses reduce net proceeds below gross proceeds.
Key Figures
- Ordinary shares offered
- 833,334 shares
- Underwritten registered direct offering
- Ordinary share purchase price
- $0.60 per share
- Underwritten registered direct offering
- Pre-funded warrant shares
- Up to 24,166,666 shares
- Warrants sold in lieu of ordinary shares to certain investors
- Pre-funded warrant purchase price
- $0.5999 per share
- Offering price less the warrant exercise price
- Warrant exercise price
- $0.0001 per share
- Pre-funded warrants
- Gross proceeds
- Approximately $15 million
- Before underwriting discounts, commissions, and other offering expenses
Previous Offering Reports
-
Priced the same registered direct offering of ordinary shares and pre-funded warrants later closed.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
registered direct offering financial
pre-funded warrants financial
form f-3 regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
TEL AVIV, ISRAEL, Sept. 28, 2026 (GLOBE NEWSWIRE) -- Arbe Robotics Ltd. (NASDAQ: ARBE), (TASE: ARBE) (“Arbe” or the “Company”), a global leader in ultra-high-resolution radar solutions, today announced the closing of its previously announced underwritten registered direct offering of 833,334 ordinary shares at a purchase price of
Aggregate gross proceeds to the Company from the offering were approximately
This deal was led by two institutional investors, including AWM Investment Company, Inc., the investment adviser of the Special Situations Funds, which has also participated in many of the Company’s previous financings. Canaccord Genuity acted as sole bookrunner for the offering.
The securities described above were offered pursuant to a registration statement on Form F-3 (File No. 333-287805), originally filed on June 5, 2025, with the Securities and Exchange Commission (the “SEC”) and declared effective by the SEC on June 13, 2025. The offering was made only by means of a prospectus and a prospectus supplement which forms a part of the effective registration statement relating to the offering. Electronic copies of the final prospectus may be obtained on the SEC’s website at http://www.sec.gov and may also be obtained by contacting Canaccord Genuity LLC, Attn: Syndication Department, 1 Post Office Square, 30th Floor, Boston, MA 02109, or by email at prospectus@cgf.com.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
About Arbe Robotics Ltd.
Arbe (NASDAQ: ARBE), a global leader in ultra-high-resolution radar solutions, is redefining radar as a core sensing platform for next-generation mobility and defense. Arbe's complete radar technology stack, from proprietary chipsets to radar systems and AI algorithms that produce perception-ready data, delivers the detail and real-time processing that demanding sensing applications require. Arbe enables OEMs, Tier-1s, and defense integrators to build more capable perception systems for passenger vehicles, robotaxis, heavy machinery, and counter-drone systems.
Headquartered in Tel Aviv, Israel, Arbe also operates offices in the United States, Germany, and China. For more information, visit https://arberobotics.com/.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, both as amended by the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding the intended use of net proceeds from the offering. The words "expect," "believe," "estimate," "intend," "plan," "anticipate," "may," "should," "strategy," "future," "will," "project," "potential" and similar expressions indicate forward-looking statements. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. These risks and uncertainties include the possible delisting of the Company's ordinary shares from Nasdaq in the event the bid price per share of the Company's ordinary shares remains below
Investor Relations:
Ehud Helft & Kenny Green
EK Global Investor Relations
investors@arberobotics.com
+1 212 378 8040
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