Odysight.ai Inc. Files Material Definitive Agreement 8-K
Ticker: ODYS · Form: 8-K · Filed: Feb 11, 2025 · CIK: 1577445
| Field | Detail |
|---|---|
| Company | Odysight.Ai INC. (ODYS) |
| Form Type | 8-K |
| Filed Date | Feb 11, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.001, $6.50, $18.8 million, $150,000, $21.5 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, company-name-change
TL;DR
Odysight.ai (ODYS) filed an 8-K for a material definitive agreement. Big news coming.
AI Summary
On February 10, 2025, Odysight.ai Inc. filed an 8-K report detailing a material definitive agreement. The company, formerly known as ScoutCam Inc. and Intellisense Solutions Inc., is based in Scottsdale, AZ, and operates in the optical instruments and lenses sector.
Why It Matters
This filing indicates a significant new contract or partnership for Odysight.ai Inc., which could impact its future revenue and strategic direction.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce significant opportunities or risks depending on the terms, which are not fully detailed in this initial 8-K filing.
Key Players & Entities
- Odysight.ai Inc. (company) — Registrant
- ScoutCam Inc. (company) — Former company name
- Intellisense Solutions Inc. (company) — Former company name
- February 10, 2025 (date) — Date of earliest event reported
- 14201 N. HAYDEN ROAD, SUITE A-1 (address) — Business and mail address
- SCOTTSDALE, AZ 85260 (address) — Business and mail address
- 480-659-6404 (phone_number) — Business phone number
FAQ
What is the nature of the material definitive agreement filed by Odysight.ai Inc.?
The filing indicates a 'Material Definitive Agreement' was entered into on February 10, 2025, but the specific details of the agreement are not provided in this initial 8-K summary.
When was the earliest event reported in this 8-K filing?
The earliest event reported is dated February 10, 2025.
What were Odysight.ai Inc.'s former company names?
Odysight.ai Inc. was formerly known as ScoutCam Inc. (name change effective January 2, 2020) and Intellisense Solutions Inc. (name change effective May 21, 2013).
Where is Odysight.ai Inc. headquartered?
Odysight.ai Inc.'s principal executive offices are located in Omer, Israel, with a US business address in Scottsdale, AZ.
What is Odysight.ai Inc.'s Standard Industrial Classification (SIC) code?
Odysight.ai Inc.'s SIC code is 3827, which corresponds to Optical Instruments & Lenses.
Filing Stats: 1,296 words · 5 min read · ~4 pages · Grade level 11.6 · Accepted 2025-02-11 16:15:17
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value per share ODYS Nasdaq Ca
- $6.50 — fering"), at a public offering price of $6.50 per share. The Company also granted the
- $18.8 million — fering are expected to be approximately $18.8 million (excluding the over-allotment option),
- $150,000 — of its expenses, in an amount of up to $150,000, including for road show, diligence, an
- $21.5 million — gregate gross proceeds of approximately $21.5 million (prior to deducting underwriting discou
Filing Documents
- form8-k.htm (8-K) — 51KB
- ex99-1.htm (EX-99.1) — 17KB
- ex99-1_001.jpg (GRAPHIC) — 3KB
- 0001493152-25-005907.txt ( ) — 254KB
- odys-20250210.xsd (EX-101.SCH) — 3KB
- odys-20250210_lab.xml (EX-101.LAB) — 33KB
- odys-20250210_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 1.1 Form of Underwriting Agreement (incorporated herein by reference to Exhibit 1.1 to the Registrant's registration statement on Form S-1, as amended, filed with the SEC on January 28, 2025 (File No. 333- 283773)) 99.1 Press Release, dated February 10, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ODYSIGHT.AI INC. Date: February 11, 2025 By: /s/ Einav Brenner Name: Einav Brenner Title: Chief Financial Officer