
MarisâTech Ltd. Raises $2âŊMillion via Convertible Notes to Bolster Capital Structure and U.S. Expansion
âĒBy ADMIN
Related Stocks:MTEK
On November 28, 2025, MarisâTech Ltd. (NASDAQ: MTEK, MTEKW), a global specialist in video and AIâbased edge computing systems, announced a new financing round totalling US$2,000,000. The funding comes from institutional investors under a set of Note Purchase Agreements, whereby MarisâTech issued nonâinterest bearing convertible promissory notes (âNotesâ).
The company plans to deploy the net proceeds for working capital, general corporate uses, and to support efforts to strengthen its capital structure and accelerate its commercial and U.S. market initiatives.
Under the agreement, the Notes are convertible into ordinary shares according to defined timelines and a conversionâprice floor: one note allows an initial conversion window beginning six months after issuance and full convertibility after twelve months; the other becomes fully convertible after twelve months. Any remaining principal on either note will automatically convert after 24 months per the agreed formula and conversion floor.
The notes and any shares issued upon conversion are being sold via a private placement, exempt from registration under the U.S. Securities Act of 1933, meaning they cannot be offered or sold to the general public in the U.S. without an effective registration or an applicable exemption.
Founded by industry veterans in Israel, MarisâTech provides lightweight, lowâpower videoâtransmission and AIâenabled edgeâcomputing products â including realâtime encoding/decoding, advanced image processing, raw data handling, and AI-driven analytics. Its technologies serve sectors such as defense, aerospace, intelligence, homeland security, and communications.
The company cautioned that forwardâlooking statements in the announcement rely on assumptions and carry risks â including market acceptance of its products, operational costs, regulatory compliance, competition, and demand for new or existing offerings â any of which could materially affect future results.
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