The ~18% dilution is significant for a $61M market-cap company, and the insider participation does not offset the dilutive signal. Monitor the stock for near-term pressure as the offering closes tomorrow. The greenshoe option adds potential overhang. If the company does not show accelerating revenue growth in the next 10-Q, further downside is likely.
Price Chart
Executive Summary
Odysight.ai priced a firm-commitment underwritten public offering of 3,437,500 shares at $3.20/share for gross proceeds of $11 million, with a 30-day greenshoe option to Roth Capital for an additional 515,625 shares. The offering includes participation from board chairman Benad Goldwasser and director Mori Arkin, and net proceeds will fund R&D, sales/marketing, and general corporate purposes. This is materially dilutive—representing roughly 18% of shares outstanding pre-offering—and signals that the company is raising capital amid what it describes as a history of operating losses.
Key Facts
- Public offering of 3,437,500 shares at $3.20/share with gross proceeds of $11 million
- 30-day greenshoe option for up to 515,625 additional shares (15% of offering)
- Insider participation: chairman Benad Goldwasser and director Mori Arkin
- Net proceeds for R&D, sales/marketing, working capital, and general corporate purposes
- Closing expected on or about August 21, 2026; Roth Capital is sole bookrunner
- Filing cites 'history of operating losses' in risk factors
Financial Impact
$11 million gross proceeds, ~18% dilution to existing shareholders at $61M market cap
Risk Factors
- Immediate dilution of ~18% from the offering
- Additional dilution from the 30-day greenshoe option (up to 515,625 more shares)
- History of operating losses suggests the company may need additional capital in the future
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-039335 |
| Exhibit: ex99-1.htm | 0001493152-26-039335 |
| Document: 0001493152-26-039335-index-headers.html | 0001493152-26-039335 |
| Document: 0001493152-26-039335-index.html | 0001493152-26-039335 |
| Document: 0001493152-26-039335.txt | 0001493152-26-039335 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 24, 2026 9w ago | Insider Cluster | $3.65 $3.10 | ▲ +15.07% | ▲ +15.32% | $2.24 (+38.63%) |
Aug 21, 2026 9w ago | 8-K / 424B5 | $3.40 $3.35 | ▲ +1.47% | ▲ +0.94% | $2.24 (+34.12%) |
Aug 20, 2026 9w ago | 8-K | $3.35 $3.31 | ▲ +1.19% | ▲ +1.19% | $2.24 (+33.13%) |
Aug 20, 2026 9w ago | Press Release | $3.35 $3.31 | ▲ +1.19% | ▲ +1.19% | $2.24 (+33.13%) |
Aug 19, 2026 9w ago | Press Release | $3.35 $3.31 | ▲ +1.19% | ▲ +1.19% | $2.24 (+33.13%) |
Jun 7, 2026 20w ago | Press Release | $3.92 $4.19 | ▼ −6.89% | ▼ −5.26% | $2.24 (+42.86%) |
Jun 5, 2026 20w ago | 424B5 | $3.92 $4.19 | ▼ −6.89% | ▼ −5.26% | $2.24 (+42.86%) |
Jun 5, 2026 20w ago | 8-K | $3.92 $4.19 | ▼ −6.89% | ▼ −5.26% | $2.24 (+42.86%) |
May 21, 2026 22w ago | 8-K | $4.97 $4.16 | ▼ −16.30% | ▼ −14.88% | $2.24 (−54.93%) |
May 14, 2026 23w ago | 8-K | $4.56 $3.87 | ▲ +15.13% | ▲ +17.25% | $2.24 (+50.88%) |
US Market Status
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