A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) has priced an upsized and oversubscribed underwritten public offering of 5,625,000 common shares at $8.00 per share, generating expected gross proceeds of approximately $45 million before expenses. The offering, which is anticipated to close on or about September 18, 2025, represents significant investor confidence in the company's growth trajectory and retail technology solutions.
The proceeds from this capital raise will be strategically allocated to support key development and expansion initiatives, including smart cart manufacturing and deployment, marketing efforts, retail media and data growth, and general working capital requirements. This funding comes at a critical time as retailers increasingly seek innovative solutions to bridge online and in-store shopping experiences.
CEO Gadi Graus emphasized the strong support from both new and existing institutional investors, notably mentioning Wellington Management's participation. This institutional backing underscores the market's recognition of A2Z's potential to transform brick-and-mortar retail through its Cust2Mate smart cart solutions. The technology enables seamless in-cart scanning and payment systems that allow shoppers to bypass traditional checkout lines while receiving real-time customized offers and product recommendations.
The smart cart technology represents a significant advancement in retail operations, featuring AI-driven personalization that transforms routine shopping trips into engaging experiences. According to company information available at https://www.cust2mate.com, these intelligent carts are equipped with multiple layers of security for accurate recognition and transaction integrity, while their modular, all-in-one detachable panels can upgrade legacy shopping cart fleets into intelligent platforms.
Titan Partners Group, a division of American Capital Partners, served as sole bookrunner for the offering. The successful pricing and oversubscription of this offering demonstrate the financial community's belief in A2Z's ability to capitalize on the growing demand for retail technology solutions that enhance customer experience while providing retailers with valuable data-driven insights for operational optimization and merchandising strategies.
