Thursday, October 7, 2021

Equity Corporate Actions Alert #2021 - 219
Information Regarding the Business Combination of Industrial Tech Acquisitions, Inc. (ITAC/U/W) & Arbe Robotics Ltd.

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  • Industry Announcement

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The business combination of Industrial Tech Acquisitions, Inc. (ITAC/U/W) & Arbe Robotics Ltd. became effective today, October 7, 2021. As a result of the business combination, the common stock, warrant, and unit of Industrial Tech Acquisitions, Inc. (ITAC/U/W) will be suspended from trading. The suspension details are as follows:

Company Name/Issue: Industrial Tech Acquisitions, Inc. Class A Common Stock
CUSIP#: 456357102
Symbol: ITAC
Last Trading Date: October 7, 2021
Marketplace Effective Date for Suspension: October 8, 2021
Merger Consideration: One (1) Arbe Robotics Ltd. Ordinary Share (ARBE) for each share held.
Company Name/Issue: Industrial Tech Acquisitions, Inc. Warrant
CUSIP#: 456357110
Symbol: ITACW
Last Trading Date: October 7, 2021
Marketplace Effective Date for Suspension: October 8, 2021
Merger Consideration: One (1) Arbe Robotics Ltd. Warrant expiring 10/7/26 (ARBEW) for each warrant held.
Company Name/Issue: Industrial Tech Acquisitions, Inc. Unit
CUSIP#: 456357201
Symbol: ITACU
Last Trading Date: October 7, 2021
Marketplace Effective Date for Suspension: October 8, 2021
Merger Consideration: Unit will separate into its components.

As a result of the merger the combined company will be listed on the Nasdaq Capital Market. The details are as follows:

Company: Arbe Robotics Ltd. Ordinary Shares
CUSIP#: M1R95N100
Symbol: ARBE
Marketplace Effective Date: October 8, 2021

Company: Arbe Robotics Ltd. Warrant expiring 10/7/2026
CUSIP#: M1R95N118
Symbol: ARBEW
Marketplace Effective Date: October 8, 2021

If you would like to register as a market maker in ARBE or ARBEW, contact Nasdaq Trading Services at +1 212 231 5100.



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