Odysight.ai Prices $11M Public Offering at $3.20/Share, Insiders Participate
ODYS sits 27% above its 52-week low of $2.6.
Summary
Odysight.ai priced a firm commitment public offering of 3.44 million shares at $3.20 per share, raising $11 million before fees. Chairman Benad Goldwasser and director Mori Arkin participated in the offering.
Key Events · Financing and Capital Events · ODYS
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Offering Priced at $3.20/Share
3,437,500 shares priced at $3.20 per share for $11 million in gross proceeds, a 3% discount to the current market price of $3.30.
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Insider Participation
Chairman Benad Goldwasser and director Mori Arkin purchased shares at the offering price on the same terms as other investors.
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Underwriter Option
Roth Capital Partners has a 30-day option to purchase up to 515,625 additional shares (15% of the base offering).
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Use of Proceeds
Net proceeds will fund R&D, sales and marketing, and working capital, extending the company's cash runway.
Analysis · ODYS · Technology
Odysight.ai finalized the terms of its public offering, pricing 3.44 million shares at $3.20 each for $11 million in gross proceeds. The offering price is a modest 3% discount to the current market price of $3.30, indicating reasonable demand. Notably, Chairman Benad Goldwasser and director Mori Arkin participated, buying shares on the same terms as other investors — a sign of insider confidence. The company will use the proceeds for R&D, sales and marketing, and working capital, extending its cash runway. The offering is expected to close tomorrow, August 21, 2026.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.9% of the 1656 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ODYS was trading at $3.30 on NASDAQ in the Technology sector, with a market capitalization of approximately $61M. The 52-week trading range was $2.60 to $11.30. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.