NextVision announces the launch of a global offering of ordinary shares

THIS ANNOUNCEMENT, INCLUDING THE APPENDICES, 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. PLEASE SEE THE IMPORTANT NOTICE SECTION OF THIS ANNOUNCEMENT

RA'ANANA, Israel, Sept. 15, 2025 /PRNewswire/ -- Next Vision Stabilized Systems Ltd. (TASE: NXSN) (NextVision) announces today that it intends to pursue a global offering of ordinary shares to international and Israeli institutional investors through a bookbuilding process. The offering will be made pursuant to offering documents filed with the Israel Securities Authority. NextVision intends to raise gross proceeds of approximately $400 million in the offering. The offer price and the final number of new shares in the offering will be determined through a bookbuilding process (the Bookbuilding) as part of the offering. The Bookbuilding for the offering will open with immediate effect and can close at any time. The offer price and allocation will be determined after the close of the Bookbuilding at NextVision's discretion. The result of the offering, the offer price and the total number of new shares are expected to be announced as soon as practicable thereafter in a NextVision announcement. NextVision intends to use the proceeds from the global offering to fund strategic growth initiatives, including the pursuit of potential mergers and acquisitions aligned with its core business areas, for general working capital and corporate purposes and to invest in research and development programs. NextVision's ordinary shares are listed on The Tel-Aviv Stock Exchange Ltd. under the ticker symbol "NXSN".

In connection with the offering, NextVision, the members of its board of directors and certain officers have agreed to undertake a lock-up commitment for 90 calendar days following the date hereof, subject to certain customary exceptions and exemptions.The offering is subject to market conditions and other factors, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Jefferies is acting as Sole Global Coordinator in the offering and Leader is acting as Local Coordinator.

About NextVision

NextVision is a technology company engaged in the development, manufacturing and marketing of stabilized day and night imaging solutions for ground and aerial platforms, such as micro and mini unmanned aerial vehicles and drones. NextVision sells its products to systems providers, which ultimately sell their products to end-users across the defense, civil and commercial markets.

Important Notice

The securities referred to in this announcement have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (Securities Act) or under the securities laws of any state of the United States, and may not be offered, sold, resold or delivered, directly or indirectly, in or into the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. In the United States, any offer of the ordinary shares will be made only to "qualified institutional buyers" as defined in and in reliance on Rule 144A under the Securities Act or another available exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Outside the United States, any offer will be made in accordance with Regulation S of the Securities Act.

This announcement does not constitute a recommendation concerning any investor's investment decision with respect to the global offering. Recipients of this announcement should conduct their own investigation, evaluation and analysis of the business, data and other information described in this announcement. This announcement does not identify or suggest, or purport to identify or suggest, the risks (direct or indirect) that may be associated with an investment in NextVision's securities. The price and value of securities can go down as well as up and investors may not get back the full amount invested upon the disposal of the shares. Past performance is not a guide to future performance. The contents of this announcement are not to be construed as legal, business, financial or tax advice. Each investor or prospective investor should consult with his or her or its own legal adviser, business adviser, financial adviser or tax adviser for legal, business, financial or tax advice.

Any indication in this announcement of the price at which NextVision's shares have been bought or sold in the past cannot be relied upon as a guide to future performance. Persons needing advice should consult an independent financial adviser. No statement in this announcement is intended to be a profit forecast or profit estimate for any period and no statement in this announcement should be interpreted to mean that earnings, earnings per share or income, cash flow from operations or free cash flow for NextVision for the current or future financial periods would necessarily match or exceed the historical published earnings, earnings per share or income, cash flow from operations or free cash flow for NextVision.

Forward looking statement

The information included in this press release contains, or may be deemed to contain, forward-looking statements (as defined in the U.S. Private Securities Litigation Reform Act of 1995 and the Israeli Securities Law, 1968). These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions about NextVision, which are difficult to predict, including regarding the completion of the offering, the satisfaction of customary closing conditions related to the offering and the intended use of the net proceeds from the offering. Therefore, actual future results, performance and trends may differ materially from these forward looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which NextVision operates or sells, including Israel and the United States among others, including the duration and scope of the current war in Israel, and the potential impact on NextVision's operations; changes in global health and macro-economic conditions; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; changes in the competitive environment; and the outcome of legal and/or regulatory proceedings. All forward-looking statements in this press release are based on information available to NextVision on the date hereof. All written or oral forward-looking statements attributable to NextVision are expressly qualified in their entirety by the factors referred to above. The factors listed above are not all-inclusive. Moreover, neither NextVision nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. NextVision does not intend to update these forward-looking statements, except as required by applicable law.

International Investor Relations:

Ehud Helft
[email protected]
(US) +1 212 378 8040

SOURCE NextVision