A2Z Cust2Mate Solutions Corp. Announces $1.8 Million Direct Offering

A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ), a leader in technology solutions, announced a $1.8 million registered direct offering. The company has entered into a securities purchase agreement with accredited investors, issuing up to 642,860 common shares at $2.80 per share. The transaction is set to close on October 15, 2024, subject to customary conditions. Proceeds will be used for working capital and corporate purposes. Notably, no placement agent participated in the offering.

The shares are offered under a "shelf" registration statement on Form F-3, effective since April 2023. A prospectus supplement will be filed with the SEC. This offering is restricted from Canadian residents and markets. The press release emphasizes that it is not a sales offer, adhering to regulatory compliance.