Arbe Robotics announces ordinary shares and warrants offering, no amount given

Arbe Robotics (ARBE) announced that it is proposing to offer and sell, subject to market conditions, its ordinary shares accompanied by Tranche A warrants to purchase ordinary shares and Tranche B warrants to purchase ordinary shares in an underwritten public offering. Arbe intends to use the net proceeds from this offering for working capital and general corporate purposes. Canaccord Genuity is acting as the sole bookrunner for the offering.