A2Z Smart Technologies announced that it has entered into a definitive securities purchase agreement with certain accredited investors to issue, in a registered direct offering, 8,308,357 common shares, at a purchase price of $0.35 per share. The aggregate gross proceeds from the registered direct offering are expected to be approximately $2,900,000, before deducting offering expenses. The Company anticipates that it might enter into a definitive securities purchase agreement with additional accredited investors, prior to close.
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