Completion of Secondary Placing of Ordinary Shares in NextVision Stabilized Systems Ltd.

PR Newswire

RA'ANANA, Israel, June 18, 2026

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER STATE OR JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.RA'ANANA, Israel, June 18, 2026 /PRNewswire/ -- NextVision Stabilized Systems Ltd. (TASE: NXSN) ("Nextvision" or the "Company"), a growth technology company that develops, manufactures, and markets stabilized day-and-night imaging solutions for ground and aerial platforms such as micro and mini UAVs and drones, offering one of the world's best weight/size-to-performance ratios, today announced that a group of current shareholders of NextVision, including founders and members of the management team – namely Chen Golan, Michael Grosman, Boris Kipnis, and Nachman Benchaya (the "Selling Shareholders") – have sold 2,113,416 ordinary shares at a price of NIS 272.00 to Global and Israeli institutional investors through a bookbuilding process, raising NIS 575 million (approximately $197 million) in gross proceeds (the "Placing"). The shares are expected to settle on June 19 2026 subject to customary closing conditions.