Allot Ltd SEC Filings

Allot Ltd has completed a significant public offering and debt restructuring transaction. The company raised $40.0 million through the issuance of 5,000,000 ordinary shares priced at $8.00 per share, with an additional 30-day option for underwriters to purchase up to 750,000 shares. The offering was underwritten by TD Securities and William Blair & Company.

Concurrent with the offering, Allot restructured its existing convertible note with major shareholder Lynrock Lake Master Fund LP through:

• Repayment of $31.41 million principal using offering proceeds
• Conversion of remaining $8.59 million principal into 1,249,995 ordinary shares
• Post-transaction, Lynrock will own approximately 21.8% of outstanding shares

The offering was made under the company's Form F-3 registration statement and closed on June 26, 2025. The transaction effectively eliminates the Lynrock convertible note while strengthening the company's equity base.

Allot Ltd has announced a public offering of 5,000,000 ordinary shares at $8.00 per share, aiming to raise $40 million. The company trades on both Nasdaq and Tel Aviv Stock Exchange under the symbol ALLT.

Key transaction details:

• Net proceeds of approximately $36.7 million after underwriting discounts and expenses
• $31.41 million will be used to repay part of the Lynrock Lake Master Fund convertible note
• Remaining $8.59 million of Lynrock note will convert to 1,249,995 ordinary shares
• Underwriters have 30-day option to purchase additional 750,000 shares

Post-offering, Lynrock will own approximately 21.8% of outstanding shares and is subject to a 75-day lock-up agreement. Joint book-running managers are TD Cowen and William Blair, with Needham & Company as lead manager and Northland Capital Markets as co-manager.

Allot announced the pricing of a public offering of 5,000,000 ordinary shares at $8.00 per share, with an additional 30-day option for underwriters to purchase up to 750,000 shares. The offering is expected to close on June 26, 2025.

Key financial highlights:

• Expected gross proceeds: $40.0 million (before deducting costs)
• Proceeds will be used to repay $31.41 million of outstanding debt to Lynrock Lake Master Fund LP
• Lynrock agreed to convert remaining $8.59 million debt into 1,249,995 ordinary shares
• Company will have no outstanding debt post-transaction

The offering is managed by TD Cowen and William Blair as joint book-runners, with Needham & Company as lead manager and Northland Capital Markets as co-manager. The offering is made pursuant to an effective shelf registration statement on Form F-3.

Allot is conducting a public offering of ordinary shares listed on Nasdaq and Tel Aviv Stock Exchange (ALLT). The offering includes a significant debt restructuring with Lynrock Lake Master Fund LP, involving:

• $31.41 million of Lynrock's convertible note will be repaid in cash from offering proceeds
• $8.59 million remaining principal will convert to shares at a rate based on the lower of $9.296 or the public offering price
• Lynrock will own approximately [TBD]% post-offering and agreed to a 75-day lock-up period

The company has engaged TD Cowen and William Blair as joint book-runners, with Needham & Company as lead manager. The last reported share price was $9.02 on Nasdaq and NIS 32.86 on TASE. Allot provides security and network intelligence solutions across 100 countries, serving over 500 service providers and 1,000 enterprises, with their SECaaS solution used by over 20 million subscribers. Net proceeds will primarily fund the Lynrock note repayment, with remaining funds for general corporate purposes.

Allot Ltd has filed a Form 6-K for June 2025, containing two key exhibits: Q1 2025 condensed consolidated financial statements and Management's Discussion and Analysis for the three months ended March 31, 2025.

The filing serves multiple purposes:

• Incorporates financial reports and MD&A by reference into existing registration statements
• Updates two Form F-3 registration statements (filed April 2022 and March 2025)
• Updates nineteen Form S-8 registration statements (spanning from 2007 to 2025)

The document includes XBRL exhibits for financial data standardization and is signed by CFO Liat Nahum. While the actual financial results are not disclosed in this portion of the filing, this 6-K serves as a framework document that incorporates the quarterly financial reports into Allot's SEC registration statements.