A2z smart technologies corp. announces aggregate us$4.7 million registered direct offering of common shares and common warrants, inclusive of $1.5 million raised in december 2023

Tel aviv, israel / accesswire / january 4, 2024 / a2z smart technologies corp. (the "company" or "a2z") (nasdaq:az)(tsxv:az), a global leader in innovative technology solutions, today announced that it has entered into a definitive securities purchase agreement with certain accredited investors to issue, in a registered direct offering, up to 2,806,302 common shares at a purchase price of us$1.15 (can$1.56) per share, together with warrants to purchase 1,403,151 common shares at an exercise price of us$1.50 (can$2.05) per share for a period of two years from issuance, for aggregate gross proceeds equal to us$3.23 million. as previously announced, the company in december 2023 raised $1.5 million through the registered direct offering of common shares and warrants on identical terms as the current offering.
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