Maris-Tech Limited

Kurta Law is investigating broker recommendations of Maris-Tech Limited ordinary shares and warrants (NASDAQ: MTEK and MTEKW). The prospectus for these investments states that the shares are high-risk, making them unsuitable for many investors. Securities rules and regulations require investors to exclusively recommend investments that fit their investors’ risk tolerance.  

If you believe you suffered stock losses as a result of broker misconduct, contact a Kurta Law investment fraud attorney today. Call (877) 600-0098 or email info@kurtalawfirm.com.  

The Offering  

The prospectus dated February 1, 2022, announced that Maris-Tech Limited was offering 3,690,477 units, each unit consisting of one ordinary share and one warrant to purchase one ordinary share. There was also an offering of 10,000 pre-funded units, each consisting of one pre-funded warrant to purchase one ordinary share and one warrant to purchase one ordinary share.  

Warrants give owners the option to buy or sell a certain number of shares of stock at a specified price within a pre-determined timeframe.  

About Maris-Tech 

According to the prospectus, Maris-Tech Limited is an Israeli company that provides remote video, audio, telemetry acquisition, distribution, and sharing solutions that employ video, audio, and wireless communication technologies. Maris-Tech Limited further states that it designs, develops, manufactures, and commercially sells miniature intelligent video and audio communication systems. These include technology used in drones, satellites, and aircraft. 

Maris-Tech offers products for the home security market as well as professional markets.  

Risks Associated with Maris-Tech Limited Investments 

Maris-Tech Limited discloses the following risks in its prospectus. These are only the risks that Kurta Law is choosing to highlight – see the prospectus for the complete list of risks.  

Operating Loss 

The prospectus clearly states, “We have been operating at a loss since our inception and may never be profitable.” Any investment in this company is necessarily high-risk.  

Covid-19 Related Risks 

The COVID-19 pandemic created an electronics components shortage crisis. The prospectus states that the shortage may continue or even get worse. 

Effective Growth Management  

A period of rapid growth could put a strain on Maris-Tech Limited’s administrative and operational resources, as well as the company’s funding requirements. The prospectus also states that the company may not have sufficient manufacturing capabilities to satisfy any growing demand for products.  

Rapid Technological Changes 

Maris-Tech Limited operates in markets that are subject to rapid and substantial technological changes. The company may not be able to improve the technology used in the current systems in response to changing technology and end-user needs. 

Aegis Capital Corp. Underwriting    

Investors should know that Aegis Capital Corp. served as the underwriter for this offering. Underwriters take on risk in exchange for a fee, which could motivate certain investment banks to underwrite investments that pose too much risk for the average retail investor. Additionally, brokers may have conflicts of interest when they recommend shares that are underwritten by an affiliate of their brokerage firm. 

Kurta Law Can Help  

Contact Kurta Law today for a free case evaluation – keep in mind that you have a limited time to file a claim. Our attorneys do not collect a fee unless we win your case. If you have any questions about a possible case, call (877) 600-0098 or email info@kurtalawfirm.com.