Arbe Robotics closes $18.5 million stock offering

Arbe Robotics Ltd. (NASDAQ: ARBE) completed a registered direct offering of 13.225 million ordinary shares, raising approximately $18.5 million in gross proceeds before fees and expenses.

The Tel Aviv-based radar technology company priced the shares at $1.40 each. The total included 1.725 million shares from the full exercise of underwriters' over-allotment option.

Canaccord Genuity served as sole bookrunner for the offering, with Roth Capital Partners and WestPark Capital acting as co-managers. AWM Investment Company, which previously participated in the company's financings, led institutional investors in the deal.

Arbe plans to use net proceeds for working capital and general corporate purposes, according to the company's statement.

The offering was conducted under a Form F-3 registration statement filed with the Securities and Exchange Commission on June 5, 2025, and declared effective on June 13, 2025.

Arbe develops radar solutions for autonomous vehicles and advanced driver assistance systems. The company trades on both NASDAQ and the Tel Aviv Stock Exchange under the ticker ARBE.

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