Odysight.ai clarified that it does not currently intend to utilize its at-the-market offering program at or near the current market price of its common stock. The company stated that the facility does not oblige it to issue or sell any shares, and it plans to use the program only under market conditions and at valuation levels that management believes are appropriate given its commercial progress, operational needs, and long-term prospects. No determination has been made to undertake sales under the ATM facility at this time, and there can be no assurance as to whether, when, or to what extent the facility may be utilized in the future. Management views the ATM facility as an additional financing tool that may provide useful financial flexibility should the company determine that additional capital is advisable to support working capital needs, commercial growth initiatives, or other strategic objectives.
Odysight.ai Inc. Common StockCompany states no current plans to use ATM facility at or near current share price, reducing near-term dilution risk.