Innoviz Announces Pricing of $30 Million Registered Direct Offering

Rhea-AI Summary

Innoviz (NASDAQ: INVZ) entered into a definitive agreement with certain institutional investors for a registered direct offering of an aggregate 66,666,667 ordinary shares, expected to generate approximately $30 million in gross proceeds before expenses. The closing is expected on or about July 29, 2026, subject to customary conditions.

According to Innoviz, net proceeds will be used for general corporate purposes, including supporting the commercialization of Perciz, its dedicated security and defense brand. Titan Partners serves as sole placement agent and WestPark Capital as financial advisor. The offering is made under an effective Form F-3 shelf registration statement filed in August 2025.

Positive

• Registered direct equity raise of approximately $30 million gross proceeds
• 66,666,667 new shares placed with institutional investors, enhancing liquidity
• Proceeds earmarked to support Perciz security and defense brand commercialization

Negative

• Issuance of 66,666,667 additional ordinary shares implies shareholder dilution
• Gross proceeds of about $30 million before offering expenses reduce net funds available

News Explained

The agreed share issuance would dilute existing ownership if completed; final fees and closing still determine net cash and issued-share status.

The July 28 pricing announcement records a definitive agreement, not a completed sale: if it closes, issuing $30 million of shares to institutional investors would add 66,666,667 ordinary shares and reduce existing holders’ percentage ownership.

A registered direct offering is a negotiated sale to selected investors, while the prospectus supplement states the final size, price and fees; because the release gives gross proceeds before expenses, the net cash amount is not yet specified.

For scale, the announced gross amount equals 295.7 days of the last reported operating cash use, while cash and equivalents at December 31, 2025 equaled 85.1 days on the same basis.

The expected July 29, 2026 closing and the prospectus supplement are the specific milestones for confirming whether the shares were issued and what fees determine net proceeds.

Sources and calculations

• Innoviz Announces Pricing of $30 Million Registered Direct Offering (2026-07-28)
• Dilution (2026-07-17)
• Registered direct offering (2026-07-17)
• Prospectus supplement purpose (2026-07-17)
• Innoviz 2025 fourth-quarter fundamentals (2025Q4)

• Offering gross vs quarterly operating cash outflow, in days of cash use $30,000,000 / ($9,131,000 / 90) = [object Object]
• Cash and equivalents vs quarterly operating cash outflow, in days of cash use $8,638,000 / ($9,131,000 / 90) = [object Object]

Market reaction after $30M registered direct offering: INVZ -28.69% in the Jul 28 session

-28.69% 9.1x vol

54 alerts

-28.69% Session close to close

-37.6% Trough in 31 hr 15 min

$133.89M Market Cap

9.1x Rel. Volume

In the Jul 28 session, INVZ declined 28.69%, reflecting a significant negative market reaction. Argus tracked a trough of -37.6% from its starting point during tracking. Our momentum scanner triggered 54 alerts that day, indicating high trading interest and price volatility. Trading volume was exceptionally heavy at 9.1x the daily average, suggesting significant selling pressure.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock dropped -28.7% in the session following this news. INVZ was up 2.99% pre-headline, while o...

Analysis

The stock dropped -28.7% in the session following this news. INVZ was up 2.99% pre-headline, while offering event news_id 809320 recorded a -25.79% 24-hour reaction. A strong negative response would align with that historical offering comparison; the announced share issuance remained a material financing consideration.

Key Figures

Gross proceeds: $30 million Shares offered: 66,666,667 ordinary shares Expected closing: July 29, 2026 +2 more

5 metrics

Gross proceeds $30 million Registered direct offering, before offering expenses

Shares offered 66,666,667 ordinary shares Purchase and sale agreement with institutional investors

Expected closing July 29, 2026 Subject to customary closing conditions

Registration statement filed August 13, 2025 Form F-3 registration statement

Registration effective August 21, 2025 Form F-3 registration statement declared effective by the SEC

Previous Offering Reports

1 past event · Latest: Feb 10 (Negative)

Same Type Pattern 1 events

Date	Event	Sentiment	24h Move	Catalyst
Feb 10	Registered direct offering	Negative	-25.8%	Registered direct offering announced with $40 million proceeds and accompanying warrants.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

The tag-specific history showed a negative reaction to the prior offering, at -25.79% over 24 hours.

Key Terms

registered direct offering, form f-3, prospectus supplement, lidar

4 terms

registered direct offering financial

"Innoviz Announces Pricing of $30 Million Registered Direct Offering"

A registered direct offering is a way for a company to sell new shares of its stock directly to select investors with regulatory approval. This method allows the company to raise funds quickly and efficiently without needing a public auction, similar to offering exclusive access to a limited number of buyers. For investors, it often provides an opportunity to purchase shares at a favorable price, while giving the company immediate access to capital.

form f-3 regulatory

"The offering is being made pursuant to a registration statement on Form F-3"

Form F-3 is a U.S. securities filing that lets eligible foreign companies pre-register and then quickly sell shares or other securities to raise money, because they already meet ongoing reporting and size tests. For investors it signals that the company is up-to-date with regulatory disclosure and has an efficient way to issue new securities — similar to a pre-approved credit line — which can mean faster capital raises but also potential dilution of existing holdings.

prospectus supplement regulatory

"a prospectus, including a prospectus supplement"

A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.

lidar technical

"a leading supplier of high-performance automotive-grade LiDAR sensor platforms"

Lidar, which stands for Light Detection and Ranging, is a technology that uses laser beams to create detailed, three-dimensional maps of the environment. It works like a sophisticated eye that measures distances by bouncing light off objects, helping machines see and understand their surroundings. For investors, lidar is important because it enables advancements in autonomous vehicles, robotics, and mapping, which can drive innovation and growth in related industries.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Proceeds to be used for general business purposes, including (but not limited to), supporting the commercialization of Perciz, the Company's dedicated security and defense brand

TEL AVIV, Israel, July 28, 2026 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"),   a leading supplier of high-performance automotive-grade LiDAR sensor platforms for the automotive, security, defense and industrial markets, today announced that it has entered into a definitive agreement with certain institutional investors, for the purchase and sale of an aggregate of 66,666,667 ordinary shares ("Ordinary Shares"). The offering is expected to result in gross proceeds of approximately $30 million, before deducting offering expenses. Innoviz intends to use the net proceeds from the offering for general business purposes, including (but not limited to), supporting the commercialization of Perciz, the Company's dedicated security and defense brand. The closing of the offering is expected to occur on or about July 29, 2026, subject to the satisfaction of customary closing conditions.

 

Titan Partners is acting as the sole placement agent for the offering. WestPark Capital, Inc. is acting as a financial advisor for the offering.

The offering is being made pursuant to a registration statement on Form F-3 (File No. 333-289554) initially filed with the Securities and Exchange Commission ("SEC") on August 13, 2025, and declared effective by the SEC on August 21, 2025 (the "Registration Statement"). The Ordinary Shares are being offered only by means of a prospectus, including a prospectus supplement, forming a part of the effective Registration Statement. A prospectus supplement and accompanying prospectus relating to, and describing the terms of, the offering will be filed with the SEC and will be available for free on the SEC's website at www.sec.gov. Electronic copies of the prospectus supplement and accompanying prospectus may also be obtained, when available, by contacting Titan Partners Securities LLC, 4 World Trade Center, 150 Greenwich Street, 49th Floor, New York, NY 10007, by phone at (929) 833-1246 or by email at prospectus@titanpartnersgrp.com.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of 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 Innoviz

Innoviz is a leading provider of LiDAR technology, serving as a Tier-1 supplier to the world's leading automotive manufacturers while extending its existing sensing solutions into defense, homeland security, industrial, and smart infrastructure markets.

Innoviz's LiDAR sensors and complementary software suite are designed to deliver exceptional range, resolution, and reliability, providing accurate 3D sensing even in harsh weather conditions. Built to meet the automotive industry's strict standards for performance and safety, Innoviz's sensors are increasingly supplied for applications that demand precise, real-time spatial awareness and continuous object localization.

Operating across the U.S., Europe, and Asia, Innoviz designs solutions for automotive OEMs, system integrators, municipalities, commercial enterprises, government organizations, and other customers worldwide. Under the Perciz brand, Innoviz offers its existing automotive-grade LiDAR sensors for defense, counter-UAS, perimeter intrusion detection, and homeland security applications.

Perciz is Innoviz's dedicated defense and homeland security brand, focused on using Innoviz's existing LiDAR solutions for defense, homeland security, and critical infrastructure applications. By using Innoviz's rich data, we believe operators will be able to perceive, understand, and act in the physical world with greater intelligence and precision. Perciz has the ability to support the next-generation defense and homeland security systems designed to address the increasing complexity of modern threats.

Media Contact
Media@innoviz-tech.com

Investor Contact
Investors@innoviz-tech.com

Forward Looking Statement  

This press release includes forward-looking statements within the meaning of the federal securities laws, including statements regarding the completion and timing of the offering and the intended use of the proceeds. Forward-looking statements represent Innoviz's current expectations regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. Among those risks and uncertainties are market conditions, including the trading price and volatility of Innoviz's securities, risks relating to Innoviz's business and the satisfaction of closing conditions in the securities purchase agreement related to the offering. The forward-looking statements included in this press release speak only as of the date of this press release, and Innoviz does not undertake to update the statements included in this press release for subsequent developments, except as may be required by law.

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SOURCE Innoviz Technologies

FAQ

What did Innoviz (NASDAQ: INVZ) announce in its $30 million registered direct offering on July 28, 2026?

Innoviz announced a definitive agreement with institutional investors for a registered direct offering of 66,666,667 ordinary shares, targeting about $30 million in gross proceeds. According to Innoviz, the deal is expected to close around July 29, 2026, subject to customary conditions.

How many shares are included in the Innoviz (INVZ) July 2026 registered direct offering?

The offering covers an aggregate of 66,666,667 Innoviz ordinary shares. According to Innoviz, these shares will be sold to certain institutional investors under an effective Form F-3 shelf registration statement initially filed in August 2025 and declared effective later that month.

How will Innoviz use the proceeds from its $30 million INVZ share offering?

Innoviz plans to use the net proceeds for general business purposes, including supporting commercialization of its Perciz security and defense brand. According to Innoviz, the funds provide additional capital flexibility to advance activities across automotive, security, defense, and industrial LiDAR markets.

When is the closing date for the Innoviz (INVZ) July 2026 registered direct offering?

The closing of the offering is expected on or about July 29, 2026. According to Innoviz, completion remains subject to the satisfaction of customary closing conditions typically associated with registered direct equity offerings to institutional investors.

Under which SEC registration statement is the Innoviz (INVZ) July 2026 offering being made?

The offering is being made under a shelf registration statement on Form F-3, File No. 333-289554. According to Innoviz, this statement was initially filed with the SEC on August 13, 2025 and declared effective on August 21, 2025.

Who is the placement agent for the Innoviz (INVZ) $30 million registered direct offering?

Titan Partners is acting as the sole placement agent for the offering. According to Innoviz, WestPark Capital serves as financial advisor, while the ordinary shares are offered via a prospectus supplement and accompanying prospectus filed under the effective Form F-3 registration statement.