- PR Newswire
Arbe Announces Issuance of Convertible Debentures
Arbe Robotics, Ltd., (NASDAQ: ARBE) (TASE: ARBE), a global leader in perception radar solutions, announced today the issuance of convertible debentures in the principal amount of NIS 110,000,000 (approximately $30 million) to Israeli investors. The debentures bear an annual interest rate of 6.5%, mature on May 30, 2028, and are convertible into Arbe's ordinary shares at a conversion price of NIS 9.53 (approximately $2.60) per share. Trading on the Tel Aviv Stock Exchange ("TASE") commenced on Ju
- PR Newswire
Arbe to Participate at June Investor Conferences
Arbe Robotics Ltd. (Nasdaq: ARBE) (TASE: ARBE), a global leader in Perception Radar Solutions, today announced management will be participating in the following investor conferences:
- PR Newswire
Arbe Begins Dual Listing on Tel Aviv Stock Exchange
Arbe Robotics, Ltd. (NASDAQ: ARBE) (TASE: ARBE), a global leader in perception radar solutions, announced today that its ordinary share are now traded on both the Nasdaq and the Tel Aviv Stock Exchange (TASE). In addition, on May 28, 2024, a classified investor bid (for Israeli classified investors) was successfully held to receive preliminary commitments with respect to Arbe's proposed convertible debt offering. Demand for the convertible debt exceeded expectations, reaching 230% of the amount
