Odysight.ai has filed a $20 million prospectus supplement for an At-The-Market offering to enhance financing flexibility.
Quiver AI Summary
Odysight.ai has filed a prospectus supplement with the U.S. Securities and Exchange Commission to establish an At-The-Market (ATM) program, allowing the company to offer and sell up to $20 million in common stock at its discretion through investment bank Roth Capital Partners. This initiative is part of Odysight.ai's strategy to enhance its financing capabilities in the U.S. capital markets and aims to provide greater financial flexibility to support business development and exploit market opportunities. The company emphasizes that the establishment of this program does not obligate it to sell shares and retains full control over the timing and pricing of any sales. This move is seen as a way to strengthen operational stability while advancing the company's objectives in the predictive maintenance and condition-based monitoring markets, particularly in sectors like aviation, energy, and industrial applications.
Potential Positives
- Odysight.ai has established an At-The-Market (ATM) program, providing the company with a flexible financing option of up to $20 million, enhancing its financial stability and supporting future business development.
- This move signifies proactive steps by Odysight.ai to expand its financing toolkit in the U.S. capital market, potentially broadening its investor base and meeting strategic objectives.
- The company's ability to retain full control over any share issuance under the ATM program allows for strategic financial planning without immediate obligation, thereby mitigating potential risks associated with unforeseen market conditions.
- Odysight.ai's technology has significant credibility, having been deployed in projects with high-profile organizations like NASA and the U.S. Department of Defense, which can enhance investor confidence in the company’s future growth prospects.
Potential Negatives
- The establishment of the At-The-Market (ATM) program indicates a reliance on potentially dilutive financing options, which may deter potential investors concerned about the impact on existing shareholders.
- The company has a history of operating losses, raising questions about its financial stability and the effectiveness of this new financing strategy.
- The press release highlights various risks related to the company's ability to scale operations and its dependence on capital markets, indicating potential vulnerability in achieving long-term growth objectives.
FAQ
What is the Odysight.ai ATM program?
The ATM program allows Odysight.ai to offer up to $20 million in common stock at its discretion.
Who is managing the ATM offering?
The investment bank Roth Capital Partners is the sales agent for Odysight.ai's ATM program.
What are the benefits of the ATM program for Odysight.ai?
This program provides financial flexibility to support business development and capitalize on market opportunities.
How can investors access the prospectus for the ATM program?
Investors can obtain the prospectus from Roth Capital Partners or by visiting the SEC's EDGAR website.
Are there any risks associated with investing in Odysight.ai?
Yes, potential investors should review the prospectus for associated risks and uncertainties regarding investment performance.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ODYS Insider Trading Activity
$ODYS insiders have traded $ODYS stock on the open market 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 have been sales.
Here’s a breakdown of recent trading of $ODYS stock by insiders over the last 6 months:
- MORE INVESTMENTS LTD Y.D. has made 0 purchases and 7 sales selling 637,923 shares for an estimated $2,144,593.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$ODYS Hedge Fund Activity
We have seen 3 institutional investors add shares of $ODYS stock to their portfolio, and 4 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- Y.D. MORE INVESTMENTS LTD removed 355,143 shares (-26.7%) from their portfolio in Q1 2026, for an estimated $2,468,243
- CITADEL ADVISORS LLC added 11,524 shares (+inf%) to their portfolio in Q1 2026, for an estimated $80,091
- BLACKROCK, INC. added 11,257 shares (+70.4%) to their portfolio in Q1 2026, for an estimated $78,236
- HAREL INSURANCE INVESTMENTS & FINANCIAL SERVICES LTD. removed 4,100 shares (-33.9%) from their portfolio in Q1 2026, for an estimated $28,495
- ROYAL BANK OF CANADA added 576 shares (+2504.3%) to their portfolio in Q1 2026, for an estimated $4,003
- UBS GROUP AG removed 8 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $55
- CITIGROUP INC removed 1 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $6
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
Ramat Gan, Israel, June 07, 2026 (GLOBE NEWSWIRE) -- Odysight.ai ® (NASDAQ/TASE: ODYS) today announced that, as part of a planned step to expand the Company’s financing toolkit in the U.S. capital market, it has filed a prospectus supplement with the U.S. Securities and Exchange Commission (SEC) under which it may offer and sell from time to time and at its discretion shares of its common stock having an aggregate offering price of up to $20 million pursuant to an At-The-Market (ATM) program with the investment bank Roth Capital Partners. The program provides the Company with an additional, flexible financing infrastructure that can be utilized at the Company’s discretion to support business development and capitalize on market opportunities.
Establishing the ATM program does not obligate the Company to issue or sell any shares, and there can be no assurance that the Company will issue and sell any shares under the ATM program. The Company retains full control over whether, when, at what price, and to what extent the ATM program is used.
This move is designed to provide Odysight.ai with added financial flexibility, enabling the Company to continue advancing its strategic and commercial objectives from a position of stability and for the benefit of all of its stakeholders.
The shares will be offered pursuant to a sales agreement between the Company and Roth Capital Partners, LLC, as sales agent. Sales may be made by any method permitted by law to be an “at the market offering” as defined in Rule 415(a)(4) of the Securities Act of 1933, as amended, including in ordinary brokers’ transactions on the Nasdaq Capital Market at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices, in block transactions, as otherwise agreed with the applicable sales agent, by means of any other existing trading market for the Company’s common stock, to or through a market maker other than on an exchange, or through a combination of any such methods of sale. Sales may be made at market prices prevailing at the time of the sale, at prices related to prevailing market prices or at negotiated prices and, as a result, sales prices may vary.
The prospectus supplement filed on June 5, 2026 adds to, updates or otherwise changes information contained in the accompanying prospectus contained in the Company’s shelf registration statement on Form S-3 (File No. 333-293080) filed by the Company with the SEC on January 30, 2026, and which became effective on February 6, 2026, for the offering of the Company’s securities. Prospective investors should read the prospectus in that registration statement and the prospectus supplement (including the documents incorporated by reference therein) for more complete information about the Company and the ATM program, including the risks associated with investing in the Company’s securities. Copies of the prospectus supplement and related prospectus may be obtained from Roth Capital Partners, LLC, 888 San Clemente Drive, Suite 400, Newport Beach, CA 92660. You may also obtain these documents free of charge when they are available by visiting EDGAR on the SEC’s website at www.sec.gov .
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor will there be any sale of these securities, in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offer, solicitation or sale will be made only by means of the prospectus supplement and the accompanying prospectus.
About Odysight.ai ®
Odysight.ai, incorporated in Nevada, U.S., with subsidiaries in Europe and Israel, is advancing the Predictive Maintenance (PdM) and Condition-Based Monitoring (CBM) markets through an AI platform for critical systems across aviation and aerospace, transportation, energy, and industrial sectors. By combining advanced visual sensing, real-time analytics, and AI-driven insights, Odysight.ai helps organizations improve safety, efficiency, and operational intelligence. Its technology has been deployed in projects with NASA, the U.S. Department of Defense, and leading aerospace OEMs, delivering measurable improvements in system reliability and maintenance performance.
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www.odysight.ai https://www.linkedin.com/company/odysightai
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements within the meaning of safe harbor provisions of the Private Securities Litigation Reform Act of 1995 relating to future events or our future performance. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, but not limited to, statements regarding the establishment and potential utilization of the At-The-Market (ATM) program, the Company’s financing plans and financial flexibility, and future applications of the Company’s technology. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other comparable terminology. Those statements are based on information we have when those statements are made or our management’s current expectation and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Factors that may affect our results, performance, circumstances or achievements include, but are not limited to, the following: (i) our ability to scale up our operations, including market acceptance and large-scale adoption of our vision-based sensor products, (ii) the amount and timing of future sales and our long and unpredictable sales cycles, (iii) our estimates regarding expenses, backlog, future revenue, capital requirements and need for additional financing, (iv) our ability to access the capital markets on acceptable terms or at all, (v) the dilutive impact of any sales of shares under the ATM program, (vi) compliance with existing laws and regulations and regulatory developments in the United States, Israel, and other jurisdictions, (vii) our financial performance and history of operating losses, (viii) the overall global economic environment and trade tensions, including the adoption or expansion of economic sanctions, tariffs or trade restrictions, (ix) security, political and economic instability in the Middle East that could harm our business, including due to the security situation in Israel and military conflicts with Iran and terrorist organizations, (x) the increased expenses and requirements associated with being a listed public company on the Nasdaq Capital Market, or Nasdaq, and (xi) the unknown effect on the price of our common stock of the dual listing of our common stock on the Tel Aviv Stock Exchange, which took place on April 9, 2026. These and other important factors discussed in Odysight.ai’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 19, 2026, and our other reports filed with the SEC, could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Except as required under applicable securities legislation, Odysight.ai undertakes no obligation to publicly update or revise forward-looking information.
Company Contact:
Einav Brenner, CFO
[email protected]
Investor Relations Contact:
Miri Segal, MS-IR LLC
[email protected]