ClarificationJun 18, 2026, 04:06 PM
Odysight.ai Clarifies ATM Program: No Current Intent to Sell Shares
AI Summary
Odysight.ai provided additional information regarding its previously announced at-the-market (ATM) offering program. The company clarified that it currently does not intend to utilize the facility at or near the current market price of its common stock. Odysight.ai views the ATM facility as an additional financing tool to provide financial flexibility for working capital, commercial growth, or other strategic objectives, to be used only under appropriate market conditions and valuation levels.
Key Highlights
- Odysight.ai clarified its at-the-market (ATM) offering program.
- Company does not intend to utilize the ATM facility at or near current market prices.
- The ATM facility does not oblige the company to issue or sell any shares.
- Plans to use the facility only under appropriate market conditions and valuation levels.
- Views ATM as an additional financing tool for working capital, growth, or strategic objectives.
- No determination to undertake sales under the ATM facility has been made at this time.
- Prospectus supplement filed on June 5, 2026, updates information for the offering.
Price Impact
More from ODYS