24/7 Market News Snapshot 02 September, 2025 – Actelis Networks, Inc. Common Stock (NASDAQ:ASNS)
DENVER, Colo., 02 September, 2025 (www.247marketnews.com) – (NASDAQ:ASNS) are discussed in this article.
Actelis Networks, Inc. (NASDAQ:ASNS), a pioneer in advanced networking solutions for IoT and broadband applications, is currently experiencing significant trading volatility. The stock opened at $0.605 before dropping approximately 15.47% to its latest trading price of $0.418, following a previous close of $0.362. This fluctuation signals strong market activity, with a current trading volume of 139.87 million shares. Market analysts suggest the stock is testing support around the $0.36 level, indicating that a breach could result in further declines, while resistance appears to stand at $0.60. Investors are encouraged to closely observe key technical indicators, such as the Relative Strength Index (RSI) and moving averages, for potential trading opportunities.
Amidst this trading backdrop, Actelis has announced a decisive strategic move to bolster its financial positioning by executing a definitive agreement for the immediate exercise of outstanding warrants for 4,270,197 shares of common stock. Originally priced between $1.18 and $2.00 per share, these warrants will be exercised at a considerably lowered price of $0.37 per share, generating expected gross proceeds of approximately $1.6 million. This funding is aimed at enhancing the Company’s working capital and supporting its corporate initiatives.
Additionally, alongside exercising existing warrants, Actelis plans to issue new unregistered warrants to purchase up to 6,405,296 shares at the same reduced price. These new instruments will be contingent upon stockholder approval and will align with a strategic expiration timeline. This move, with financial guidance from Rodman & Renshaw LLC and H.C. Wainwright & Co., reflects Actelis’ commitment to optimizing its financial health while continuing to deliver innovative, cyber-hardened networking solutions across various sectors, including government and telecommunications.