US-listed company ZOOZ announces private placement 180 million US dollars to launch bitcoin treasury reserve strategy
2025-07-29 11:53:21
On July 29th, ZOOZ Power Ltd. (ZOOZ), a listed company on the US stock market, announced a private placement of $180 million to launch a Bitcoin treasury reserve strategy. The PIPE is subject to shareholder approval and is expected to sell 180 million shares of the company's common stock and prepaid warrants at a price of $1 per share. Participants in the PIPE include strategic investors Pantera Capital, FalconX, Arrington Capital, UTXO Management, ATW Partners and well-known Israeli investor Alex Rabinovitch.
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