A2Z Smart Technologies Aktie

A2Z Cust2Mate placed 5,625,000 common shares at $8.00 each in an upsized, guaranteed public offering and expects gross proceeds of about $45 million. Wellington Management and several institutional investors, including large existing shareholders, led the offering. The proceeds are intended for mass production and deployment of the smart shopping carts, marketing and sales, expansion of retail media and data analytics, and working capital. In parallel, the company secured orders worth $55 million (Yochananof) and $25 million (Trixo), sold its Israeli military subsidiary for 500,000 ILS, and reports 19% revenue growth and a current ratio of 3.29. » Más en de.investing.com

A2Z has secured the rights to monetize retail media, data and digital services for the smart shopping carts used in Yochananof stores. The company will pay Yochananof a fixed fee based on CPM and aims to generate revenue from ad space on screens, anonymized shopping data and a third‑party marketplace; according to A2Z each cart generates on average more than 25,000 impressions per month. The agreement follows an order for 5,000 Cust2Mate 3.0 carts and complements the group’s ongoing international rollouts and portfolio adjustments. » Más en de.investing.com

A2Z Cust2Mate Solutions has completed the sale of its Israeli subsidiary, A2ZMS Advanced Military Solutions Ltd., for 500,000 Israeli shekels. The buyer is a private individual based in Israel who is connected to one of the company's directors, and the transaction was approved by independent directors. No further financial or operational details were disclosed. » Más en de.investing.com