ZOOZ Power Closes Private Placement, Buys Bitcoin
Ticker: ZOOZW · Form: 6-K · Filed: Sep 30, 2025 · CIK: 1992818
| Field | Detail |
|---|---|
| Company | Zooz Power Ltd. (ZOOZW) |
| Form Type | 6-K |
| Filed Date | Sep 30, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $50,000, $25,000, $300,000, $60 M |
| Sentiment | neutral |
Sentiment: neutral
Topics: private-placement, bitcoin, financing
TL;DR
ZOOZ Power bought Bitcoin and closed a private placement on Sept 30, 2025.
AI Summary
On September 30, 2025, ZOOZ Power Ltd. announced the closing of a subsequent private placement and the purchase of Bitcoin. The company also referenced an amended and restated sales agreement originally entered into with Chardan Capital Markets LLC on July 29, 2025.
Why It Matters
This filing indicates ZOOZ Power is diversifying its assets by purchasing Bitcoin and has ongoing financing arrangements through its sales agreement with Chardan.
Risk Assessment
Risk Level: medium — The company is engaging in cryptocurrency investments and has ongoing financing activities, which carry inherent market and execution risks.
Key Players & Entities
- ZOOZ Power Ltd. (company) — Filer of the report
- September 30, 2025 (date) — Date of closing private placement and Bitcoin purchase
- Chardan Capital Markets LLC (company) — Sales agent for the company
- July 29, 2025 (date) — Date of original sales agreement
FAQ
What was the purpose of the subsequent private placement?
The filing does not specify the purpose of the subsequent private placement, only that it was closed on September 30, 2025.
How much Bitcoin did ZOOZ Power purchase?
The filing does not disclose the specific amount of Bitcoin purchased by ZOOZ Power.
What are the terms of the amended and restated sales agreement?
The filing references an amended and restated sales agreement but does not detail its specific terms, only that it is an amendment to the original agreement with Chardan Capital Markets LLC.
What is the total amount raised in the private placement?
The filing does not provide the total amount raised in the subsequent private placement.
When was the original sales agreement with Chardan Capital Markets LLC entered into?
The original sales agreement with Chardan Capital Markets LLC was entered into on July 29, 2025.
Filing Stats: 915 words · 4 min read · ~3 pages · Grade level 15.2 · Accepted 2025-09-30 09:07:20
Key Financial Figures
- $50,000 — will pay Jett Capital an upfront fee of $50,000, and starting on the one-year anniversa
- $25,000 — mpany will pay Jett Capital a quarterly $25,000 fee in each quarter that Jett Capital c
- $300,000 — ch quarter up to an aggregate amount of $300,000. The A&R Sales Agreement may be termi
- $60 M — letes Initial Purchase of 525 Valued at $60 Million, Becomes the First Dual-listed (N
Filing Documents
- form6-k.htm (6-K) — 24KB
- ex10-1.htm (EX-10.1) — 342KB
- ex99-1.htm (EX-99.1) — 20KB
- 0001493152-25-016201.txt ( ) — 387KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. ZOOZ Power Ltd. Dated: September 30, 2025 By: /s/ Avi Cohen Name: Avi Cohen Title: Executive Chairman of the Board