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Jamie Redman

Solmate Infrastructure Prices $11.4M Insider Direct Offering at $4.97 per Share, Closing May 27, 2026

Solmate Infrastructure (Nasdaq: SLMT) said Thursday that CEO Ron Sade and director Keren Maimon will buy 2,298,000 Class B ordinary shares at $4.97 each in a registered direct offering. The company expects about $11.4 million in gross proceeds, with the deal slated to close around May 27, 2026, subject to customary conditions. The price was described as a premium to recent trading levels that were around $4.67 or lower.
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