On June 26, 2026 Eco Wave Power closed its direct offering of 400,000 ADSs at $10, raising $4.0 million at a 10.7% premium versus prior Nasdaq close. The financing included warrants for 300,000 ADSs exercisable at $12 until June 26, 2029 and funds 404.7 MW pipeline plus AI-driven technology development.
On June 26, 2026 Eco Wave Power closed a direct offering of 400,000 ADSs priced at $10 per share, generating $4.0 million in gross proceeds. The ADSs were sold at a 10.7% premium to the prior Nasdaq closing price.
The financing included warrants to purchase up to 300,000 ADSs at an exercise price of SEK 116.76 (US$12.00) per ADS, representing a 32.9% premium. The warrants are exercisable immediately and expire on June 26, 2029.
Net proceeds will accelerate advancement of Eco Wave Power’s international project portfolio and support development of its AI-driven monitoring, digital twins and performance optimization technologies. The company aims to position wave energy as a renewable energy layer for data centers and AI infrastructure.
Eco Wave Power’s current pipeline totals 404.7 MW across multiple markets including Israel, Portugal, Taiwan, India and the United States. Recent milestones include the first grid-connected station in Israel and an onshore pilot at the Port of Los Angeles.
