ASNS Stock Reverses Early Gains To Slump 10% - Here’s Everything To Know About Its Exaware Acquisition

• Actelis plans to issue about 20% of its outstanding shares to Exaware shareholders at the closing of the transaction.
• This equates to roughly 5.3 million shares, based on Actelis’ 26.7 million outstanding shares, according to Koyfin data.
• The acquisition will mark Actelis’ foray into the AI-driven data center networking market.

Shares of Actelis Networks, Inc. (ASNS) reversed early gains to slump 10% on Tuesday, and are on track to post their first decline in four sessions. Earlier in the day, the company announced plans to acquire Exaware in an all-stock deal, marking its foray into the AI-driven data center networking market.

As part of the transaction, Actelis plans to issue about 20% of its outstanding shares to Exaware shareholders at closing. This equates to roughly 5.3 million shares, based on Actelis’ 26.7 million outstanding shares, according to Koyfin data.

Under the agreement, Actelis will acquire 100% of Israel-based Exaware in an all-stock deal, with the combined company valued at about 40% for Actelis and 60% for Exaware.

“By combining Actelis’ secure edge expertise with Exaware’s advanced routing and switching platforms, subject to completion of the transaction, the companies aim to create an integrated, end-to-end architecture spanning edge, aggregation, and data center environments,” Actelis said.

How Did Stocktwits Users React?

Retail sentiment for ASNS on Stocktwits remained ‘bearish’ over the past 24 hours. 

One user said they expect the stock to cross $0.5.

Another user said the company does not want to implement a reverse stock split as it would be back below $1 in a few weeks.

Last week, Actelis Networks reported strong fourth-quarter 2025 results, with revenue rising to $1.37 million, up 29% from the same period in 2024. The growth was driven by improved revenue conversion from earlier projects. 

Key deployments included traffic and transportation upgrades in Orange County, California, Eugene, Oregon, and Mid-Atlantic county systems. The company also supported U.S. military base connectivity modernization and Federal Aviation Authority infrastructure initiatives. 

Year-to-date, the stock has declined 22%.

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