A2Z Cust2Mate Solutions Corp. Announces Proposed Public Offering

Rhea-AI Summary

A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ) has announced plans for an underwritten public offering of its common shares. The company intends to use the proceeds for continued development and expansion of existing business, specifically for fulfilling contracted smart cart backlog orders and accelerating the onboarding process for new clients, as well as working capital purposes.

The offering will be conducted through a shelf registration statement on Form F-3 that became effective on April 21, 2023. Titan Partners Group, a division of American Capital Partners, is serving as the sole bookrunner. The final size, terms, and completion of the offering are subject to market conditions and cannot be guaranteed.

Positive

• Potential capital injection for business expansion
• Existing backlog of smart cart orders to fulfill
• Active client onboarding pipeline

Negative

• Potential shareholder dilution from new share issuance
• Uncertain offering terms and timing
• Market-dependent completion risk

Insights

Financial Analyst

The proposed public offering by A2Z Cust2Mate Solutions represents a critical financing move that warrants careful investor attention. While the offering's exact size remains undisclosed, several key implications emerge from this announcement.

The stated use of proceeds reveals two strategic priorities: fulfilling existing smart cart backlog orders and accelerating client onboarding. This suggests the company is experiencing strong demand that potentially exceeds its current operational capacity. However, the need for additional working capital could indicate pressure on the company's current cash position.

For existing shareholders, this offering presents a double-edged sword:

• The potential dilution effect could pressure share value in the short term
• The capital injection, if successfully deployed, could accelerate growth and market penetration
• The timing of the offering, amid market volatility, might affect the final pricing and amount raised

The choice of a shelf registration approach provides flexibility in timing and structure, but also signals the company's anticipation of ongoing capital needs. The engagement of Titan Partners Group, a division of American Capital Partners, adds credibility to the offering but doesn't guarantee its success.

Investors should monitor several critical factors:

• The final offering size and pricing terms when announced
• The market's reception and subscription levels
• The company's execution in deploying the capital, particularly in fulfilling its backlog

TEL AVIV, IL / ACCESS Newswire / January 27, 2025 / A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ)(FRA - WKN: A3CSQ) (the "Company" or "A2Z"), a global leader in innovative technology solutions, today announced that it is proposing to offer and sell its common shares in an underwritten public offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. All securities to be sold in the offering will be offered by A2Z.

A2Z intends to use the net proceeds from the offering for continued development and expansion of existing business, including fulfilment of contracted smart cart backlog orders and acceleration of the onboarding process for new clients, and for working capital purposes.

Titan Partners Group, a division of American Capital Partners, is acting as sole bookrunner for this offering.

The securities described above will be offered pursuant to a shelf registration statement on Form F-3 (File No. 333-271226), which was previously filed with the Securities and Exchange Commission (the "SEC") and became effective on April 21, 2023. A preliminary prospectus supplement and accompanying base prospectus relating to and describing the terms of the offering will be filed with the SEC and will be available on the SEC's website located at http://www.sec.gov, copies of which may be obtained, when available, by contacting Titan Partners Group LLC, a division of American Capital Partners, LLC, 4 World Trade Center, 29th Floor, New York, New York 10007, by phone at (929) 833-1246 or by email at prospectus@titanpartnersgrp.com.

This offering will be made only by means of the prospectus supplement and accompanying prospectus forming a part of the effective registration statement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

About A2Z Cust2Mate Solutions Corp.

A2Z Cust2Mate Solutions Corp. creates innovative solutions for complex challenges. A2Z's flagship product is the world's first proven-in-use mobile self-checkout shopping cart. With its user-friendly smart algorithm, touch screen, and other technologies, Cust2Mate streamlines the retail shopping experience by scanning purchased products and enabling in-cart payment so that customers can simply "pick & go", and bypass long cashier checkout lines. This results in a more efficient shopping experience for customers, less unused shelf-space and manpower requirements, and advanced command and control capabilities for store managers.

Forward Looking Statements

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These statements include, without limitation, statements related to our ability to close the public offering and the use of proceeds. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the market and other conditions, the impact of geopolitical, economic, competitive and other factors affecting the Company and its operations, and other factors detailed in reports filed by the Company with the SEC.

Contact Information:

John Gildea
VP corporate communication
John@a2zas.com
00353 86 8238177

SOURCE: A2Z Cust2Mate Solutions Corp.

View the original press release on ACCESS Newswire

FAQ

What will A2Z Cust2Mate (AZ) use the public offering proceeds for?

A2Z plans to use the proceeds for continued development and expansion of existing business, fulfilling contracted smart cart backlog orders, accelerating new client onboarding, and working capital purposes.

When did A2Z's (AZ) shelf registration statement become effective?

A2Z's shelf registration statement on Form F-3 became effective on April 21, 2023.

Who is the bookrunner for A2Z's (AZ) 2025 public offering?

Titan Partners Group, a division of American Capital Partners, is acting as the sole bookrunner for the offering.

What are the terms of A2Z's (AZ) January 2025 public offering?

The specific terms, size, and completion of the offering are subject to market conditions and have not been finalized.

How will A2Z's (AZ) public offering affect existing shareholders?

The offering of new common shares may result in dilution of existing shareholders' ownership stakes in the company.