STOCK TITAN

SuperCom (NASDAQ: SPCB) raises $7.5M in registered direct offering

(Neutral)
(Neutral)
Form Type
6-K

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.

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Shares Offered 732,683 ordinary shares Aggregate number of ordinary shares issued in the registered direct offering
Offering Price $10.25 per share Negotiated purchase price for each ordinary share in the offering
Gross Proceeds $7.5 million Approximate gross proceeds to SuperCom from the offering before fees and expenses
Placement Agent Fee 6% of gross proceeds Cash fee payable to Maxim Group LLC under the placement agency agreement
Lock-up Period 60 days Period after closing during which SuperCom agreed not to issue shares or file registrations, with exceptions
Project Budgets over $80 million Combined published budgets of government projects SuperCom plans to support with proceeds
registered direct offering financial
"to purchase 732,683 ordinary shares in a 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.
shelf registration statement on Form F-3 regulatory
"offered pursuant to SuperCom's shelf registration statement on Form F-3"
placement agent financial
"Maxim Group LLC is acting as the sole placement agent in connection"
A placement agent is a professional or firm that helps organizations raise money from investors, such as individuals, institutions, or funds. They act like matchmakers, connecting those seeking investments with the right investors and guiding the process to ensure successful funding. For investors, they can provide access to exclusive opportunities and help navigate complex fundraising efforts.
ordinary shares equivalents financial
"will not issue any ordinary shares or Ordinary Shares Equivalents"
working capital financial
"intends to use the net proceeds from the offering for working capital and general corporate purposes"
Working capital is the money a business has available to cover its daily expenses, like paying bills and buying supplies. It’s like the cash in your wallet that helps you handle everyday costs; having enough ensures the business can operate smoothly without running into money shortages.

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

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FAQ

What capital raise did SuperCom (SPCB) report in July 2026?

SuperCom completed a registered direct offering of 732,683 ordinary shares, raising approximately $7.5 million in gross proceeds from institutional investors under its Form F-3 shelf registration statement.

How many SuperCom (SPCB) shares were sold and at what price?

SuperCom sold 732,683 ordinary shares at a purchase price of $10.25 per share. These shares were issued directly to certain accredited institutional investors in a registered direct offering.

How much will SuperCom (SPCB) receive from the offering and what are the fees?

The offering generated approximately $7.5 million in gross proceeds. Maxim Group LLC, as placement agent, is entitled to a 6% cash fee on gross proceeds plus reimbursement of certain out-of-pocket expenses.

How does SuperCom (SPCB) plan to use the net proceeds from this offering?

SuperCom intends to use net proceeds for working capital and general corporate purposes, including supporting implementation and expansion of new and existing government projects with combined published budgets of over $80 million in Europe and the U.S.

What post-closing issuance restrictions did SuperCom (SPCB) agree to?

Under the purchase agreement, for 60 days after the closing date SuperCom will not issue or agree to issue ordinary shares or equivalents, or file registration statements, subject to specified exceptions.

Which registration statement covers the SuperCom (SPCB) offering?

The ordinary shares are offered under SuperCom’s shelf registration statement on Form F-3 (File No. 333-284219), which was declared effective by the SEC on January 21, 2025.
 

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
 
 

FORM 6-K
 
 
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
 
For the month of July 2026

Commission file number: 001-33668
 
 

 
SUPERCOM LTD.
(Translation of registrant’s name into English)


 
 
3, Rothschild Street
Tel Aviv 6688106
Israel
 (Address of principal executive office)


  
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F ☒      Form 40-F ☐  
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ☐
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ☐
 
 
 


SUPERCOM LTD.
 
6-K Items

SuperCom Ltd. (the “Company”) entered into the Securities Purchase Agreement, dated as of July 13, 2026 (the “Purchase Agreement”), with certain accredited institutional investors (the “Purchasers”), pursuant to which the Company shall issue to the Purchasers, in a registered direct offering, an aggregate of 732,683 of its ordinary shares (the “Shares”), par value NIS 0.01 per share (the “ordinary shares” and collectively, the “Offering”). The negotiated purchase price for one Share will be $10.25. The Shares are being offered by the Company pursuant to a prospectus supplement to the Company’s currently the Company’s effective shelf Registration Statement on Form F-3 (File No. 333-284219), which was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on January 21, 2025. The Company expects to file the prospectus supplement for the Offering on or about July 14, 2026. The Company expects the Offering to close on or about July 14, 2026, subject to the satisfaction of customary closing conditions in the Purchase Agreement and the Placement Agency Agreement (as defined below). The Offering closed on July 14, 2026. The gross proceeds to the Company from this offering are approximately $7.5 million before deducting the placement agent's fees and other offering expenses.

Pursuant to the terms of the Purchase Agreement, the Company agreed to certain restrictions on future stock offerings, including that, until 60 days following the Closing Date, the Company will not issue (or enter into any binding agreement to issue) any ordinary shares or Ordinary Shares Equivalents (as defined in the Purchase Agreement), subject to certain exceptions, and will not file any registration statements, subject to certain exceptions.

Maxim Group LLC acted as the sole placement agent (the “Placement Agent”) on a “best efforts” basis, in connection with the Offering, pursuant to the Placement Agency Agreement, dated as of July 13, 2026 (the “Placement Agency Agreement”), between the Company and the Placement Agent. Pursuant to the Placement Agency Agreement, the Placement Agent will be entitled to a cash fee of 6% of the gross proceeds paid to the Company for the securities and reimbursement of certain out-of-pocket expenses.

The Purchase Agreement and the Placement Agency Agreement contain customary representations, warranties and agreements of the Company, the Purchasers and Placement Agent and customary indemnification rights and obligations of the parties thereto. The representations, warranties and covenants contained in the Purchase Agreement and the Placement Agency Agreement were made only for purposes of such agreements and as of specific dates, were solely for the benefit of the parties to such agreements, and may be subject to exceptions and limitations agreed upon by the contracting parties. Accordingly, the Purchase Agreement and the Placement Agency Agreement are incorporated herein by reference only to provide investors with information regarding the terms of the Purchase Agreement and the Placement Agency Agreement, and not to provide investors with any other factual information regarding the Company or its business, and should be read in conjunction with the disclosures in the Company’s periodic reports and other filings with the SEC.

The foregoing summaries of the Offering, the securities to be issued in connection therewith, the form of the Purchase Agreement and the Placement Agency Agreement, do not purport to be complete and are qualified in their entirety by reference to the definitive transaction documents, copies of which are attached hereto as Exhibits 10.1 and 10.2, respectively, and are incorporated herein by reference.

Exhibit No.
 
Description
5.1*

Opinion of S. Friedman, Abramson & Co, Israeli legal counsel to the Company, regarding legality.
10.1*

Form of Securities Purchase Agreement, dated as of July 13, 2026, between the Company and the purchasers identified on the signature pages thereto.
10.2*

Placement Agency Agreement, dated as of July 13, 2026, between the Company and Maxim Group LLC.
23.1*

Consent of S. Freidman & Co (included in Exhibit 5.1).
99.1**

Press release, dated as of July 13, 2026.
 
* Filed herewith.
** Furnished herewith.



Signatures
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
 
SuperCom Ltd.
 
 
By: /s/ Ordan Trabelsi
 
Name: Ordan Trabelsi
 
Title:   Chief Executive Officer

Date: July 14, 2026



Exhibit 99.1

SuperCom Announces Pricing of $7.5 Million Registered Direct Offering
 
TEL AVIV, Israel, July 13, 2026 -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has entered into a securities purchase agreement with certain institutional investors to purchase 732,683 ordinary shares in a registered direct offering at a purchase price of $10.25 per ordinary share.
 
The gross proceeds to SuperCom from the offering are expected to be approximately $7.5 million before deducting placement agent fees and other estimated offering expenses. The offering is expected to close on or about July 14, 2026, subject to the satisfaction of customary closing conditions. SuperCom intends to use the net proceeds from the offering for working capital and general corporate purposes, including to support the implementation and expansion of new and existing government projects, such as those recently launched by SuperCom in Europe and the U.S., which have combined published budgets of over $80 million.
 
Maxim Group LLC is acting as the sole placement agent in connection with the offering.
 
The ordinary shares are being offered pursuant to SuperCom's shelf registration statement on Form F-3 (File No. 333-284219), which was declared effective by the U.S. Securities and Exchange Commission (the "SEC") on January 21, 2025. The offering will be made only by means of a prospectus supplement that forms a part of such registration statement.
 
This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. A prospectus supplement relating to the offering will be filed by SuperCom with the SEC. When available, copies of the prospectus supplement, together with the accompanying prospectus, can be obtained at the SEC's website at www.sec.gov or from Maxim Group LLC, 300 Park Avenue, New York, NY 10022, Attention: Syndicate Department, or via email at syndicate@maximgrp.com  or telephone at (212) 895-3745.
 
About SuperCom
 
Since 1988, SuperCom has been a global provider of traditional and digital identity solutions, providing advanced safety, identification, and security solutions to governments and organizations, both private and public, worldwide. Through its proprietary e-Government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance, and border control services, SuperCom has inspired governments and national agencies to design and issue secure Multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one field-proven RFID & mobile technology and product suite, accompanied by advanced complementary services for various industries, including healthcare and homecare, security and safety, community public safety, law enforcement, electronic monitoring, and domestic violence prevention. For more information, please visit SuperCom's website: www.supercom.com,
 
Forward-Looking Statements
 
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded or followed by or that otherwise include the words "believes", "expects", "anticipates", "intends", "projects", "estimates", "plans", and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical or current facts. These forward-looking statements are subject to risks and uncertainties that could cause our actual results to differ materially from the statements made. Examples of these statements include, but are not limited to, statements regarding business and economic trends, the levels of consumer, business and economic confidence generally, the adverse effects of these risks on our business or the market price of our ordinary shares, and other risks and uncertainties described in the forward looking statements and in the section captioned "Risk Factors" in our Annual Report on Form 20-F for the year ended December 31, 2025, filed with the U.S. Securities and Exchange Commission (the "SEC") on April 28, 2026, our reports on Form 6-K filed from time to time with the SEC and our other filings with the SEC. Except as required by law, we not undertake any obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this press release.
 
SuperCom Investor Relations:
ir@supercom.com 



 

 

Filing Exhibits & Attachments

4 documents