Xylo Technologies Buys ParaZero Shares
| Field | Detail |
|---|---|
| Company | Xylo Technologies Ltd |
| Form Type | 6-K |
| Filed Date | Aug 8, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.10, $1.09999, $750,000, $0.00001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: acquisition, securities-purchase, foreign-issuer
TL;DR
Xylo Tech buying ParaZero shares on Aug 4, 2025. 6-K filing.
AI Summary
On August 4, 2025, Xylo Technologies Ltd. entered into a securities purchase agreement to acquire 581,818 ordinary shares of ParaZero Technologies Ltd. The filing is a Report of Foreign Private Issuer for the month of August 2025.
Why It Matters
This filing indicates a strategic investment or acquisition by Xylo Technologies Ltd. into ParaZero Technologies Ltd., potentially signaling growth or a shift in business focus.
Risk Assessment
Risk Level: medium — The filing details a securities purchase agreement, which could involve significant financial commitments or strategic shifts for Xylo Technologies Ltd.
Key Numbers
- 581,818 — ParaZero Ordinary Shares (Number of shares Xylo Technologies Ltd. agreed to purchase)
Key Players & Entities
- Xylo Technologies Ltd. (company) — Filer and acquirer
- ParaZero Technologies Ltd. (company) — Company whose shares are being purchased
- August 4, 2025 (date) — Date of securities purchase agreement
- 581,818 (number) — Number of ordinary shares to be purchased
FAQ
What is the total value of the securities purchase agreement?
The filing does not specify the total dollar amount of the securities purchase agreement, only the number of shares being acquired.
What is the par value of ParaZero's ordinary shares?
The par value of ParaZero's ordinary shares is NIS 0.02 per share.
What is the filing date of this 6-K report?
This 6-K report was filed on August 8, 2025.
What is the primary business of Xylo Technologies Ltd. according to the filing?
Xylo Technologies Ltd. is classified under SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374].
Has Xylo Technologies Ltd. previously operated under a different name?
Yes, Xylo Technologies Ltd. was formerly known as Medigus Ltd., with a name change date of September 3, 2014.
Filing Stats: 530 words · 2 min read · ~2 pages · Grade level 14.4 · Accepted 2025-08-08 09:00:02
Key Financial Figures
- $1.10 — direct offering at a purchase price of $1.10 per Ordinary Share and $1.09999 per Pre
- $1.09999 — e price of $1.10 per Ordinary Share and $1.09999 per Pre-Funded Warrant, for the aggrega
- $750,000 — ed Warrant, for the aggregate amount of $750,000. The Pre-Funded Warrants are exercisab
- $0.00001 — are exercisable at an exercise price of $0.00001 per Ordinary Share, subject to adjustme
Filing Documents
- ea0252330-6k_xylotech.htm (6-K) — 11KB
- 0001213900-25-073336.txt ( ) — 12KB
Forward-Looking Statements
Forward-Looking Statements This Report on Form 6-K contains statements which constitute forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. These forward looking statements are based upon the Company’s present intent, beliefs or expectations, but forward looking statements are not guaranteed to occur and may not occur for various reasons, including some reasons which are beyond the Company’s control. For example, Company cannot guarantee ParaZero’s future performance, or that its investment in ParaZero will generate positive results. Furthermore, actual results may differ materially from those projected or implied due to various risks and uncertainties. For this reason, among others, you should not place undue reliance upon the Company’s forward looking statements. Except as required by law, the Company undertakes no obligation to revise or update any forward looking statements in order to reflect any event or circumstance that may arise after the date of this Report on Form 6-K. 1 SIGNATURE 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. Xylo Technologies Ltd. Date: August 8, 2025 By: /s/ Tali Dinar Tali Dinar Chief Financial Officer 2