SuperCom Ltd. Equity Offering

SuperCom Ltd. has announced the closing of a registered direct offering, raising approximately $7.5 million before fees and expenses. The offering involved the sale of 732,683 ordinary shares at a price of $10.25 per share to certain accredited institutional investors. The company has agreed to certain restrictions on future stock offerings for 60 days post-closing. Maxim Group LLC acted as the sole placement agent for the offering, receiving a 6% fee and reimbursement for expenses. The shares were offered pursuant to a prospectus supplement to the company's effective shelf registration statement on Form F-3. The offering closed on July 14, 2026, subject to customary closing conditions.