Rail Vision Ltd. (RVSN) shares are trading higher on Wednesday, fueled by the company’s announcement of a Standby Equity Purchase Agreement (SEPA) with Yorkville. This agreement grants Rail Vision access to up to $20 million in potential funding over a three-year period.
The SEPA provides Rail Vision with significant financial flexibility to advance its mission of revolutionizing railway safety and efficiency through its cutting-edge AI-based technology. Shahar Hania, CEO of Rail Vision, expressed enthusiasm about the agreement, stating, “The SEPA gives us access to significant additional capital, allowing us to focus on executing our vision to revolutionize railway safety and efficiency through our cutting-edge AI-based technology. By leveraging this financial support, we believe that we can enhance our ability to scale, innovate and capture additional market share in the global railway safety industry.”
It’s important to note that Rail Vision is not obligated to use any portion of the $20 million available under the SEPA. Furthermore, there are no minimum usage requirements for Rail Vision regarding the agreement.
Investing in Rail Vision
If you’re interested in investing in Rail Vision (RVSN), you can typically purchase shares through a brokerage account. Several online platforms offer this service, and many allow you to buy fractional shares, meaning you can own portions of stock without purchasing an entire share. This is particularly helpful for stocks that can be quite expensive, like Berkshire Hathaway. In the case of Rail Vision, currently trading at $0.54, $100 would buy you 185.19 shares of stock.
For those seeking to bet against a company, the process is more complex. You’ll require access to an options trading platform or a broker who allows ‘shorting’ a stock. Shorting involves borrowing shares and selling them with the hope of buying them back at a lower price, profiting from the price decline. Alternatively, you can utilize options trading by buying a put option or selling a call option at a strike price above the current share price. Both methods allow you to profit from a share price decrease.
Price Action
At the time of publication, Rail Vision shares are trading 2.86% higher at 54 cents per share, according to data from Benzinga Pro.
