A2Z Cust2Mate to issue 1.95M shares at $6.40 in registered direct offering

A2Z Cust2Mate Solutions has entered into a definitive securities purchase agreement with certain accredited investors to issue, in a registered direct offering, 1,947,000 common shares at a purchase price of $6.40 per share. Subject to customary closing conditions, the transaction is expected to close on or around Monday, December 16, 2024. A2Z anticipates that the net proceeds from this offering, after deducting offering expenses, will be used for working capital and general corporate purposes. No placement agent was used or participated in the offering.