Arbe Robotics, Ltd. Announces Proposed Public Offering

Core Viewpoint - Arbe Robotics Ltd. is proposing an underwritten public offering of its ordinary shares and warrants, subject to market conditions, with Canaccord Genuity acting as the sole bookrunner [1] Group 1: Offering Details - The offering includes ordinary shares or pre-funded warrants, along with Tranche A and Tranche B Warrants to purchase ordinary shares [1] - The completion of the offering is uncertain, and there is no assurance regarding its size or terms [1] Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for working capital and general corporate purposes [2] Group 3: Regulatory Information - The securities are being offered under a registration statement on Form F-3, originally filed on January 13, 2023, and declared effective on February 24, 2023 [3] - A preliminary prospectus supplement and accompanying prospectus have been filed with the SEC [3] Group 4: Company Overview - Arbe Robotics is a leader in Perception Radar solutions, enabling advanced driver-assist systems and paving the way for full autonomous driving [5] - The company's radar technology is noted to be 100 times more detailed than any other radar on the market, serving as a critical sensor for L2+ and higher autonomy [5] - Arbe is headquartered in Tel Aviv, Israel, with additional offices in China, Germany, and the United States [5]