Maris-Tech Ltd. Secures $2 Million Financing to Strengthen its Capital Structure and Support Commercial and U.S. Market Initiatives
Maris-Tech (Nasdaq: MTEK) announced on November 28, 2025 that it entered into Note Purchase Agreements to issue non‑interest bearing convertible promissory notes totaling $2,000,000.
Sentiment and the balance of points
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Rhea-AI Summary
Maris-Tech (Nasdaq: MTEK) announced on November 28, 2025 that it entered into Note Purchase Agreements to issue non‑interest bearing convertible promissory notes totaling $2,000,000.
The company said net proceeds will be used for working capital, general corporate purposes, and to support initiatives to strengthen its capital structure and U.S. commercial market activities. The Notes include set conversion periods and a conversion price floor:
- One Note: initial conversion window at 6 months, full convertibility at 12 months.
- Other Note: full convertibility at 12 months.
- Any remaining principal auto‑converts after 24 months per the conversion formula.
The securities were sold in a private placement exempt from registration under the Securities Act and have not been registered for public resale.
Positive
- Provides $2.0M in immediate liquidity for operations
- Funds earmarked to support U.S. commercial initiatives
- Notes include structured conversion windows which aid planning
Negative
- Convertible notes create potential shareholder dilution upon conversion
- Conversion price floor may still reduce existing holders’ ownership
- Private placement restricts immediate public resale of issued shares
Details
News Market Reaction – MTEK
On Nov 28, the day this news came out, MTEK closed 7.27% below the previous close.
Data tracked by StockTitan Argus for the Nov 28 session.
Key Figures
- Convertible notes
- $2,000,000
- Aggregate principal amount of non‑interest bearing notes
- Initial conversion window
- 6 months
- One note’s first conversion window after issuance
- Full convertibility
- 12 months
- Both notes become fully convertible at 12 months
- Automatic conversion
- 24 months
- Any remaining principal auto‑converts after 24 months
- Share price
- $1.39
- Price prior to financing news
- 52-week high
- $6.47
- 52-week range high before news
- 52-week low
- $1.03
- 52-week range low before news
- Price reaction
- -7.27%
- 24-hour move after this financing announcement
Historical Context
-
Announced $2,000,000 non‑interest bearing convertible notes via private placement.
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Introduced Garnet compact low-power video and AI payload for miniature drones.
-
Received repeat Opal system order of about $230,000 from Israeli defense customer.
-
Detailed ME-Nav NewCo structure, 24‑month roadmap and ~$1 million target budget with Quantum Gyro.
-
Announced strategic collaboration with Quantum Gyro to develop ME-Nav quantum gyroscope system.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
convertible promissory notes financial
conversion price floor financial
private placement financial
registration statement regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
Rehovot, Israel, Nov. 28, 2025 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a global leader in video and artificial intelligence (“AI”)- based edge computing technology, today announced that it has entered into a Note Purchase Agreements (the “Purchase Agreement”) with institutional investors (the “Investors”), pursuant to which, the Company issued non-interest bearing convertible promissory notes in the aggregate principal amount of
The Notes are convertible into ordinary shares of the Company pursuant to their terms, which include set conversion periods and a conversion price floor. One Note provides for an initial conversion window beginning six months after issuance, followed by full convertibility beginning twelve months after issuance. The other Note becomes fully convertible beginning twelve months after issuance. Any remaining outstanding principal under either Note will automatically convert after twenty-four months in accordance with the conversion formula and subject to the conversion price floor.
The Notes were, and the ordinary shares issued upon conversion of the Notes will be, issued and sold in a private placement exempt from the registration requirements of the Securities Act of 1933, as amended (the “Act”), and have not been registered under the Act, or applicable state securities laws. Accordingly, the securities may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Act and such applicable state securities law.
About Maris-Tech Ltd.
Maris-Tech is a global leader in video and AI-based edge computing technology, pioneering intelligent video transmission solutions that conquer complex encoding-decoding challenges. Our miniature, lightweight, and low-power products deliver high-performance capabilities, including raw data processing, seamless transfer, advanced image processing, and AI-driven analytics. Founded by Israeli technology sector veterans, Maris-Tech serves leading manufacturers worldwide in defense, aerospace, Intelligence gathering, HLS, and communication industries. We’re pushing the boundaries of video transmission and edge computing, driving innovation in mission-critical applications across commercial and defense sectors.
For more information, visit https://www.maris-tech.com/
Forward-Looking Statements Disclaimer
This press release contains “forward-looking statements” within the meaning of Section 27A of the Act, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may”, “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, the Company is using forward-looking statements when it discusses the efforts to strengthen its capital structure and support its U.S. market initiatives and the expected use of proceeds from the issuance of the Notes. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: its ability to successfully market its products and services, including in the United States; the acceptance of its products and services by customers; its continued ability to pay operating costs and ability to meet demand for its products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; its ability to successfully develop new products and services; its success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; its ability to comply with applicable regulations; and the other risks and uncertainties described in the Annual Report on Form 20-F for the year ended December 31, 2024, filed with the Securities and Exchange Commission on March 28, 2025, and its other filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
Investor Relations:
Nir Bussy, CFO
Tel: +972-72-2424022
FAQ
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