Listed company ZOOZ Power allotted shares to raise $180 million to launch Bitcoin reserve treasury
TechFlame
2025-07-29 11:52
TechFlame2025-07-29 11:52
English
According to TechFlame, according to GlobeNewsWire, NASDAQ listed company ZOOZ Power announced a PIPE allotment to raise $180 million to launch its Bitcoin reserve treasury.
The company will sell 180 million shares of the company's common shares and prepaid warrants at $1 per share. Pantera Capital, FalconX, Arrington Capital, UTXO Management, ATW Partners, and well-known Israeli investor Alex Rabinovitch will participate, but shareholder approval is yet to be obtained for this financing.