ACTELIS NETWORKS INC 8K

Actelis Networks reported improved Q2 2026 financial results, detailed cost savings and growth initiatives, amended its $30 million equity line of credit, and advanced structural steps and a strategic collaboration to support a future Nasdaq relisting.

Actelis Networks, Inc. reported its financial results for the second quarter and first half of 2026, highlighting a 20% year-over-year revenue increase to $1.1 million and gross margin expansion to 51%, alongside ongoing cost-reduction and operational-efficiency initiatives expected to generate approximately $1 million of annualized savings. The company described strategic and commercial developments including a $0.85 million software and services renewal with a leading North American carrier, expansion in Intelligent Transportation Systems markets via new and follow-on orders with U.S. transportation agencies, and increased traction for its GL800 platform in Europe, while noting that operating loss and net loss narrowed versus the prior year despite foreign-exchange headwinds. Actelis also outlined structural steps to support a potential future relisting on Nasdaq, including previously authorized flexibility for a reverse stock split in a 1-for-10 to 1-for-25 range and the July 1, 2026 amendment of its up-to-$30 million equity line of credit to better align with its current OTCQB trading status, and disclosed that it entered into a June 16, 2026 Memorandum of Understanding with Exaware Routing Ltd. to maintain strategic collaboration in place of a previously disclosed acquisition term sheet.

Filing Facts

CIK

1141284

Ticker

-

Form

8K

Source Type

sec

Accession

0001213900-26-089246

Alert Tier

6