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A2Z Smart Technologies Corp. Announces Withdrawal of Proposed Public Offering By Investing.com

April 2, 2024
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TEL AVIV, ISRAEL / ACCESSWIRE / April 1, 2024 / A2Z Sensible Applied sciences Corp. (NASDAQ:AZ), (“A2Z Sensible Applied sciences Corp.” or the “Firm”), right now introduced that it has withdrawn its beforehand introduced proposed public providing of securities and is now not continuing with ThinkEquity as its placement agent. The Firm as a substitute intends to proceed, with out a placement agent, with a registered direct providing of its widespread shares, which the Firm anticipates might be as much as $4,500,000, and a non-public placement to shut on a later date which the Firm anticipates might be as much as $2,500,000 widespread shares (and/or pre-funded warrants in lieu thereof). The Firm expects to announce entry into definitive binding agreements pre-market April 2, 2024.

This press launch shall not represent a suggestion to promote or the solicitation of a suggestion to purchase any of the securities described herein, nor shall there be any sale of those securities in any state or jurisdiction wherein such provide, solicitation or sale can be illegal previous to registration or qualification underneath the securities legal guidelines of any such state or jurisdiction.

About A2Z Sensible Applied sciences Corp.A2Z Sensible Applied sciences Corp. creates modern options for advanced challenges. A2Z’s flagship product is the world’s first proven-in-use cell self-checkout procuring cart, Cust2Mate. With its user-friendly sensible algorithm, contact display screen, and different applied sciences, Cust2Mate streamlines the retail procuring expertise by scanning bought merchandise and enabling in-cart fee in order that prospects can merely “decide & go”, and bypass lengthy cashier checkout traces. This ends in a extra environment friendly procuring expertise for patrons, much less unused shelf-space and manpower necessities, and superior command and management capabilities for retailer managers.

Ahead-Wanting StatementsMatters mentioned on this press launch might comprise forward-looking statements which are topic to substantial dangers and uncertainties. Ahead-looking statements contained on this press launch could also be recognized by means of phrases resembling “anticipate,” “consider,” “ponder,” “may,” “estimate,” “anticipate,” “intend,” “search,” “might,” “would possibly,” “plan,” “potential,” “predict,” “venture,” “goal,” “intention,” “ought to,” “will” “would,” or the destructive of those phrases or different comparable expressions, though not all forward-looking statements comprise these phrases. Ahead-looking statements are primarily based on the Firm’s present expectations and are topic to inherent uncertainties, dangers and assumptions which are tough to foretell. Additional, sure forward-looking statements are primarily based on assumptions as to future occasions that won’t show to be correct. These and different dangers and uncertainties are described extra totally within the Firm’s filings on EDGAR and with the SEC. Precise outcomes, efficiency or achievements may differ materially from these contemplated, expressed or implied by the forward-looking statements contained herein. Ahead-looking statements contained on this announcement are made as of this date, and the corporate disclaims any intention or obligation, besides to the extent required by legislation, to replace or revise any forward-looking statements, whether or not because of new data, future occasions or in any other case. This press launch doesn’t represent a suggestion to promote or a solicitation of a suggestion to promote any of the securities described herein.

Firm Contact:Gadi Graus, PresidentGadi.g@a2zas.com+972-3-3732328

Investor Contacts:Brett Maas, Managing Principal, Hayden IR, LLCbrett@haydenir.com(646) 536-7331

SOURCE: A2Z Sensible Applied sciences Corp.

View the unique press launch on accesswire.com

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