A2Z Cust2Mate Solutions (AZ) said Friday it completed a $45 million equity financing round at $8 per share.
The round was oversubscribed and was anchored by Wellington Management, along with others.
The company said the funds will be used for continued development and expansion, including mass manufacturing of smart carts, marketing, and sales.
A2Z shares were up 1.7% in recent premarket activity.
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