Actelis Networks (ASNS) Registration Filing summary

Company overview and business model

• Provides cyber-hardened, rapid-deployment networking solutions for wide-area IoT applications, including government, military, utilities, and telecom sectors.

• Offers hybrid fiber and copper networking, enabling high-speed, secure connectivity in hard-to-reach locations without full fiber replacement.

• Solutions include aggregation switches, Ethernet devices, management software, and cyber-protection features, supporting both data and power delivery over existing lines.

• Shifted focus from telecom service providers to wide-area IoT and federal markets, launching cyber-aware networking solutions for IoT in 2024.

Financial performance and metrics

• Recent private placements and warrant exercises in 2025 raised approximately $2.45 million in gross proceeds.

• Entered into a $30 million equity line of credit agreement in September 2025, providing flexible access to capital over three years.

• Ongoing compliance with Nasdaq listing requirements, including equity and bid price rules, after multiple notifications and hearings.

Use of proceeds and capital allocation

• Will not receive proceeds from resale of shares by selling stockholders; may receive up to $2.55 million if all warrants are exercised for cash.

• Any proceeds from warrant exercises will be used for general corporate purposes and invested in bank deposits pending use.