Every material Form 8-K Odysight.ai Inc. has filed with the SEC since August 13, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Odysight.ai agreed on August 20, 2026 to sell 3,437,500 shares of common stock at $3.20 each in an underwritten public offering led by Roth Capital Partners, with gross proceeds expected to be $11 million before fees and expenses. The same day, the company terminated its June 5, 2026 at-the-market sales agreement with Roth, which had a capacity of up to $20 million and made no sales. The new offering adds shares outstanding and dilutes existing holders, while the company says proceeds will fund research and development, sales and marketing, and working capital.
Firm offering of 3,437,500 shares at $3.20 per share; closing expected on or about August 21, 2026.
Underwriters have a 30-day option to buy up to 515,625 additional shares.
Underwriting discount is 6.5% of gross proceeds; company will reimburse up to $75,000 of Roth's expenses.
Company and its directors and executive officers agreed to a 45-day lock-up on sales of common stock, with exceptions.
Odysight.ai priced a firm commitment underwritten public offering of 3,437,500 common shares at $3.20 per share, with gross proceeds expected to be $11 million before underwriting discounts and offering expenses. Because all shares are being sold by the company, the offering adds new shares to the outstanding count, which can dilute existing shareholders. The offering is expected to close on or about August 21, 2026, and the company plans to use the proceeds for research and development, sales and marketing, and working capital.
Priced 3,437,500 shares of common stock at $3.20 per share; all shares sold by the company
Expected gross proceeds of $11 million before underwriting discounts and estimated offering expenses
Roth Capital Partners is sole book-running manager and holds a 30-day option for up to 515,625 additional shares
Offering expected to close on or about August 21, 2026; directors including Chairman Benad Goldwasser and Mori Arkin bought shares on the same terms as other purchasers
Odysight.ai reported first-half 2026 revenue of $0.5 million, down from $2.4 million a year earlier, and a net loss of $9.5 million, up from $8.3 million. The company said revenue is expected to be weighted toward the second half as existing orders convert to deliveries, and backlog rose to $16.45 million as of the release date, including a first purchase order from Boeing.
Revenue was $0.5 million for the six months ended June 30, 2026, versus about $2.4 million in the prior-year period; the prior year included $1.86 million from a Fortune 500 medical company customer in Q1 2025.
Net loss was about $9.5 million for the six months, compared with about $8.3 million a year earlier; operating expenses were about $10.0 million versus $9.7 million.
Backlog was $14.1 million at June 30, 2026 and about $16.45 million as of August 13, 2026, including a first purchase order from Boeing in August 2026.
Cash was about $17.6 million at June 30, 2026, with no debt.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Odysight.ai Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →