Odysight.ai Raises $11M in Stock Offering Led by Roth Capital

Odysight.ai just announced it's raising $11 million through an underwritten stock offering — the kind of fundraise where an investment bank steps in, guarantees the sale, and takes on the risk of finding buyers. In this case, that bank is Roth Capital Partners, which is leading the deal.

The company is selling 3,437,500 shares priced at $3.20 apiece. If you do the math, that's a pretty clean $11 million raise, and the offering is expected to officially close around August 21, 2026. Underwritten offerings typically move fast once priced, so the timeline here is tight.

Read more MicroCloud Hologram Buys 140,268 MSTR Shares via Structured Notes →

So where's the money going? Odysight.ai says it plans to put the proceeds toward research and development, expanding its sales and marketing efforts, and covering general working capital needs — basically the everyday costs of keeping a growth-stage company running. That's a fairly standard playbook for a company in scale-up mode.

One interesting wrinkle: this deal comes right after Odysight.ai ended a previous at-the-market, or ATM, program it had with Roth Capital. An ATM program lets a company sell shares gradually on the open market instead of all at once. Switching to a full underwritten offering signals the company wanted a larger, more certain capital injection rather than a slow drip of funding. It's a meaningful strategic shift — one that suggests management may have bigger near-term spending plans in mind.

Continue reading at TradingView