Arbe Robotics Ltd

Arbe Robotics said it has priced an underwritten registered direct offering of 833,334 ordinary shares at $0.60 per share and pre-funded warrants to purchase up to 24.17M ordinary shares at $0.5999 per warrant. All shares and warrants in the offering are being sold by Arbe, and the pre-funded warrants are immediately exercisable and will remain outstanding until exercised in full. The company expects gross proceeds of about $15M before underwriting discounts, commissions and other offering expenses, with the offering expected to close around Sept. 28, 2026, subject to customary closing conditions. Arbe plans to use the net proceeds for working capital and general corporate purposes, including scaling operations to support commercial opportunities, its recently announced selection for an L3 passenger-vehicle program of a major global automaker, expansion into defense and counter-drone markets, and potential strategic M&A. ARBE shares fell nearly 10% premarket.