Eco Wave Power Announces $4.0 Million Registered Direct Offering Priced at a 10.7% Premium to Market to Expand Commercial Wave Energy Deployment and AI-Driven Technology
Summary
Eco Wave Power announced a registered direct offering expected to raise $4.0 million from a strategic institutional investor. The company priced 400,000 ADSs at $10.00 each, plus warrants for 300,000 ADSs at $12.00 per share. It plans to use the proceeds to support global expansion and further develop its role as an energy layer for AI infrastructure. The offering is expected to close around June 26, 2026, subject to customary conditions. The company also highlighted its wave energy projects in the U.S. and other global markets.
Funding
Amount
$4.0M
Total raised
Date
June 25, 2026
Announcement date
Investors
-
Lead investors
Company
ecowavepower.com
Funded company
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