Odysight.ai prices $11 million stock offering at $3.20 per share
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.
Key points
- 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.
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 21, 2026.
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.