Welcome to our dedicated page for ACTELIS NETWORKS SEC filings (Ticker: ASNS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Actelis Networks filings document material events, trading-venue status, governance matters and capital-structure disclosures for a public networking-technology company. Recent Form 8-K reports cover the company’s OTCQB commencement, Nasdaq delisting and transfer matters, Regulation FD press releases, annual operating and financial results, and emerging growth company status.
Proxy and meeting-related filings describe shareholder voting matters tied to common-stock issuance authorization, reverse stock split authority and other capital-structure proposals. The filing record also includes disclosures on common stock, quorum and voting mechanics, material agreements, board-authorized share repurchase activity, and risk-qualified forward-looking statements.
Actelis Networks, Inc. (ASNS) reported the results of its 2026 Annual Meeting of Stockholders held on August 25, 2026. Holders of 25,837,246 common shares were entitled to vote, and 11,447,822 shares were represented, constituting a quorum of about 44% of possible votes.
Stockholders elected Class I directors Julie Kunstler and Gideon Marks to three-year terms ending at the 2029 annual meeting. Kesselman & Kesselman, a member firm of PricewaterhouseCoopers International Limited, was ratified as independent registered public accounting firm for the fiscal year ending December 31, 2026.
A proposal to amend the Amended and Restated Certificate of Incorporation to increase authorized common shares from 30,000,000 to 80,000,000 received 5,704,531 votes for and 5,581,190 against, with 162,101 abstentions, but did not achieve the required majority of the voting power of all outstanding shares and therefore was not approved. A proposal to approve a potential adjournment of the meeting was withdrawn.
Actelis Networks, Inc. reported stronger second-quarter 2026 results, with revenue of $1.1 million, up 20% from approximately $0.9 million a year earlier. First-half 2026 revenue was $2.1 million, up 26%. Growth was driven by an expanded sales footprint, including a large U.S. carrier software and services renewal and continued deliveries in EMEA.
Gross margin improved significantly to 51% in the quarter from 32% a year ago, helped by a better software mix, lifting gross profit to $0.6 million. Operating loss narrowed to $1.6 million from $1.8 million, and net loss declined to $1.4 million, or $(0.05) per share, from $1.9 million, or $(2.08) per share, despite foreign-exchange headwinds and higher interest expense. Adjusted EBITDA loss improved to $1.5 million from $1.7 million.
For the first half of 2026, net loss was $3.8 million with Adjusted EBITDA loss of $3.3 million. Cash, cash equivalents, and restricted cash increased to $5.8 million as of June 30, 2026 from $4.4 million at year-end, supported by $7.3 million of ATM equity proceeds, partly offset by a $1.0 million share repurchase and ongoing operating cash use. Total shareholders’ equity rose to $7.2 million from $4.8 million.
Actelis Networks, Inc. reported higher sales but continued losses for the quarter and six months ended June 30, 2026. Revenue reached $1.1M for the quarter and $2.1M for the first half of 2026, up from $0.9M and $1.7M in the prior-year periods, driven mainly by expansion with U.S. and EMEA carriers and a stronger software mix.
Gross profit improved to $0.6M for the quarter and $0.8M year-to-date, while operating expenses stayed roughly flat, leading to a reduced operating loss of $1.6M for the quarter and $3.4M for the first half. Net loss was $1.4M for the quarter and $3.8M year-to-date, similar to the prior year on a year-to-date basis, with foreign-exchange effects and ELOC-related commitment fee expenses largely offsetting better operating performance and a gain from remeasuring pre-funded warrant liabilities.
Cash, cash equivalents and restricted cash rose to $5.7M at June 30, 2026, helped by $7.3M of gross ATM equity proceeds, partly offset by a $1.0M share repurchase. Management disclosed recurring losses, negative operating cash flows and an accumulated deficit of $56.2M, concluding that substantial doubt exists about the company’s ability to continue as a going concern. Shares were delisted from Nasdaq in April 2026 and now trade on the OTCQB.
Actelis Networks, Inc. is eliminating the position of Chief Revenue Officer, Americas as part of ongoing organizational restructuring and cost-reduction efforts. The role, held by Mark DeVol, will end and he will leave the company effective August 1, 2026.
The company states that Mr. DeVol’s employment termination did not arise or result from any disagreement regarding its operations, policies, or practices.
White Lion Capital LLC, a ten percent owner of Actelis Networks Inc, reported sales of common stock in open-market or private transactions, including 130,112.0000 shares at $0.0700 per share on July 24, 2026 and 80,449.0000 shares at $0.0700 per share on July 23, 2026, totaling 210,561 shares. The reporting person also holds warrants exercisable for up to 3,850,000.0000 underlying common shares at an exercise price of $0.0001 and 3,000,000.0000 underlying common shares at $0.2000 per share, which become exercisable only after specified reverse-split, share-authorization, or Eligible Market listing conditions and defined exercise periods.
Actelis Networks, Inc. plans to hold its 2026 annual meeting of stockholders on August 25, 2026 in Petach Tikva, Israel. Stockholders of record as of June 29, 2026 may vote on proposals to elect two Class I directors, Julie Kunstler and Gideon Marks, for three-year terms; ratify Kesselman & Kesselman (PwC) as independent auditor for 2026; approve an amendment increasing authorized common stock from 30,000,000 to 80,000,000 shares; and allow potential adjournment to solicit additional proxies.
As of the record date, common shares outstanding were 25,837,246, with additional shares reserved under equity plans and 7,900,296 warrants, which the board states limits flexibility for future financing, strategic transactions, and equity incentives. The company notes that any future issuances from the larger authorization could dilute existing holders and may have anti-takeover effects, though no specific issuances are currently authorized.
The board is classified into three staggered classes with three independent directors serving on audit, compensation, and nominating committees. In 2025, PwC received $249,283 in total fees, and Chief Executive Officer Tuvia Barlev’s total compensation was $629,020, including an RSU grant valued at $302,778. White Lion Capital LLC beneficially owns 3,000,000 shares, or 10.41% of common stock.
White Lion Capital LLC, a greater-than-10% owner of Actelis Networks Inc, reports ownership of 3,000,000 shares of common stock. It also holds warrants referencing 3,000,000 and 3,850,000 underlying common shares at exercise prices of $0.2000 and $0.0001, but, due to 4.99% and 9.99% beneficial ownership limits and other specified conditions, it currently has no right to exercise these warrants as of the filing date.
Actelis Networks Inc. (ASNS) has had its common stock removed from listing and registration on the Nasdaq Stock Market LLC under Section 12(b) of the Securities Exchange Act of 1934. Nasdaq certifies it has met the requirements to file Form 25 for this action.
Actelis Networks, Inc. reported that on July 10, 2026, Nasdaq issued a press release stating that the company’s common stock, which had been suspended from trading on Nasdaq since April 10, 2026, will be officially delisted and that Nasdaq will file Form 25-NSE with the SEC.
The official delisting will become effective ten days after Form 25-NSE is filed. The company’s common stock currently trades on the OTCQB Venture Market under the trading symbol “ASNS”.
Actelis Networks, Inc. Schedule 13G shows White Lion Capital LLC reports beneficial ownership of 3,000,000 shares of common stock, representing 10.41% of the class based on 28,794,169 shares outstanding as of July 1, 2026. The filing describes additional convertible/exercisable rights under a Purchase Agreement, Pre-Funded Warrants and Common Warrants, each subject to ownership limits that cap acquisitions at 4.99% by default and permit increase to 9.99% under specified notice or agreement conditions. The filing states White Lion currently has no right to acquire additional shares under those instruments due to the stated ownership limits and files to reflect potential beneficial ownership if limits were 9.99%.