Arbe Robotics prices $15 million registered direct offering

Arbe Robotics Ltd., a company based in Tel Aviv, Israel, has priced its underwritten registered direct offering of 833,334 ordinary shares and pre-funded warrants at $0.60 per share. The pre-funded warrants grant the right to purchase up to 24,166,666 ordinary shares at $0.5999 per share, with the exercise price per share set at $0.0001.

The company estimates the gross proceeds from the offering to be approximately $15 million, excluding underwriting discounts, commissions, and other expenses. The offering is anticipated to conclude on or around September 28, 2026, provided all customary closing conditions are met. Arbe plans to utilize the net proceeds for working capital, general corporate purposes, scaling operations, and commercial opportunities, including a potential selection of its radar technology for an L3 passenger vehicle program and expansion into defense and counter-drone markets.

Additionally, the company may explore strategic merger and acquisition opportunities. Canaccord Genuity is serving as the sole bookrunner for the offering. The securities are being offered under a registration statement on Form F-3, originally filed with the Securities and Exchange Commission on June 5, 2025, and declared effective on June 13, 2025.

Arbe Robotics develops ultra-high-resolution radar solutions for mobility and defense applications and operates with offices in Israel, the United States, Germany, and China.