Odysight.ai Inc. 8-K

What Happened

• Odysight.ai Inc. (ODYS) filed a Form 8-K reporting that on March 25, 2026 the holders of warrants issued in a March 16, 2023 private placement exercised an aggregate of 3,294,117 warrants on a cashless basis. As a result, the company issued 407,497 shares of common stock to those investors. The Prior 8-K (filed March 17, 2023) describing the original unregistered sale of units is incorporated by reference.

Key Details

• The original private placement (March 16, 2023) sold 3,294,117 units; each unit contained one share of common stock and one warrant.
• The warrants had an exercise price of $5.50 per share.
• Warrant holders who exercised included Moshe Arkin (through his IRA), The Phoenix Insurance Company Ltd., and Shotfut Menayot Israel – Phoenix Amitim.
• The cashless exercise resulted in issuance of 407,497 new common shares; no cash proceeds were received by the company.

Why It Matters

• The company’s outstanding common stock increased by 407,497 shares, which is a concrete change to the company’s capitalization that investors should note.
• Because the exercises were cashless, Odysight.ai did not receive cash from these transactions, though the number of outstanding warrants tied to the March 2023 placement has been reduced.
• This filing updates investors on the conversion of previously issued securities from a prior private placement and clarifies current share counts and potential dilution related to those instruments.