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NASDAQ-listed company ZOOZ announces private placement of $180 million to launch Bitcoin treasury reserve strategy

Summary: According to reports, NASDAQ-listed company ZOOZ Power Ltd. (ZOOZ) has announced a private placement of $180 million to launch a Bitcoin treasury reserve strategy. The PIPE offering is subject to shareholder approval and is expected to sell 180 million shares of common stock and warrants at a price of $1 per share. Participants in the ...

According to reports, NASDAQ-listed company ZOOZ Power Ltd. (ZOOZ) has announced a private placement of $180 million to launch a Bitcoin treasury reserve strategy. The PIPE offering is subject to shareholder approval and is expected to sell 180 million shares of common stock and warrants at a price of $1 per share. Participants in the PIPE offering include strategic investors Pantera Capital, FalconX, Arrington Capital, UTXO Management, ATW Partners, and well-known Israeli investor Alex Rabinovitch.

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Link: NASDAQ-listed company ZOOZ announces private placement of $180 million to launch Bitcoin treasury reserve strategy [Copy]

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