Arbe Robotics Completes $15.7 Million Private Placement Follow-on Offering of Convertible Bonds
BY MT Newswires | CORPORATE | 12/30/25 04:29 PM EST04:29 PM EST, 12/30/2025 (MT Newswires) -- Arbe Robotics
The company said that in June 2024 it announced the issuance of about $30 million in Series A convertible bonds, and in January 2025, $21.5 million of that amount was released from escrow after the conversion of the bonds to shares.
The remaining balance of $8.6 million is still in escrow, the company said, adding that after the completion of the follow-on offering, the amount in escrow has increased to $24.3 million.
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