SuperCom prices $7.5M registered share offering
SuperCom Ltd. completed a registered direct offering of 732,683 ordinary shares at $10.25 per share, generating approximately $7.5 million in gross proceeds.
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Rhea-AI Filing Summary
SuperCom Ltd. completed a registered direct offering of 732,683 ordinary shares at $10.25 per share, generating approximately $7.5 million in gross proceeds. The shares were sold to accredited institutional investors under SuperCom’s effective shelf registration statement on Form F-3.
Maxim Group LLC acted as sole placement agent on a “best efforts” basis and is entitled to a 6% cash fee on gross proceeds plus certain expenses. Under the purchase agreement, SuperCom agreed that for 60 days after closing it will not issue additional ordinary shares or equivalents, or file new registration statements, subject to exceptions. The company intends to use net proceeds for working capital and general corporate purposes, including supporting implementation and expansion of government projects in Europe and the U.S. that have combined published budgets of over $80 million.
Key Figures
Key Terms
registered direct offering financial
shelf registration statement on Form F-3 regulatory
placement agent financial
working capital financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What capital raise did SuperCom (SPCB) report in July 2026?
How much will SuperCom (SPCB) receive from the offering and what are the fees?
How does SuperCom (SPCB) plan to use the net proceeds from this offering?
What post-closing issuance restrictions did SuperCom (SPCB) agree to?
Which registration statement covers the SuperCom (SPCB) offering?
AI-generated analysis. How Rhea-AI works. Not financial advice.