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Arbe Robotics Completes $15.7M Follow-On Offering; Total Of $24.3M From Arbe's Series A Convertible Bonds Now Held At The Trustee

Benzinga·12/30/2025 21:02:38
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Total of $24.3 Million from Arbe's Series A Convertible Bonds Now Held at the Trustee

TEL AVIV, Israel, Dec. 30, 2025 /PRNewswire/ -- Arbe Robotics Ltd. (NASDAQ:ARBE) (TASE: ARBE), a global leader in perception radar solutions, today announced the successful completion of a $15.7 million private placement, through a follow-on offering as an expansion of its existing outstanding Series A Convertible Bonds.

As previously reported, in June 2024 Arbe announced the issuance of approximately $30 million in Series A Convertible Bonds. In January 2025, $21.5 million of this amount was released from escrow following the conversion of convertible bonds to ordinary shares of the Company, at the request of bondholders. The remaining balance of $8.6 million continues to be held in escrow. Following the completion of the follow-on offering announced today, the amount held in escrow under this series increased to $24.3 million.

The Company issued a 6-K on December 22, 2025 reporting that its bondholders approved an extension to the Series A Convertible Bonds' maturity date to December 31, 2026, a reduction of the annual interest rate from 6.5% to 4.35% commencing January 1, 2026, as well as other amendments. The additional bonds issued as part of this follow-on offering have the same terms as all of Arbe's existing outstanding Series A Convertible Bonds, including the lower interest rate. Following their registration for trading on the Tel Aviv Stock Exchange on December 29, 2025, all Series A Convertible Bonds will trade as a single series.