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2025-02-10 13:46:54

Innoviz is diluting its shareholders again: it raises $40 million at a discount to market price

calcalist.co.il (nprofile…m2lw)

The company of light and motion sensors for autonomous vehicles announced that it has raised institutional investors at a price of NIS 1.39 per share. Inviz closed on Friday at NIS 1.59, which is a discount of 12% on the market price, and the stock fell on Wall Street; half a year ago, it raised $65 million at a 20% discount on the market price.
https://www.calcalist.co.il/market/article/s1roxyvtjg
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