IPO - ZOOZ Power Ltd.

Form Type: POS AM

Filing Date: 2025-04-22

Corporate Action: Ipo

Type: Update

Accession Number: 000164117225005725

Filing Summary: This document constitutes a post-effective amendment to Form F-1 Registration Statement No. 333-284270 that was declared effective by the SEC on January 28, 2025. The amendment updates previously filed information to include details from ZOOZ Power Ltd.'s annual report for the fiscal year ending December 31, 2024, which includes audited financial statements. It does not register additional securities, as all registration fees had been previously paid. Additionally, this prospectus outlines the offering of ordinary shares amounting to $12,000,000 by YA II PN, Ltd., under a Standby Equity Purchase Agreement (SEPA) dated November 11, 2024. The document highlights the role of Yorkville as an underwriter and mentions the proposed sale of a total of 4,937,340 ordinary shares at an assumed offering price based on prior closing values. It details the investment risks associated with the securities, indicating that the ZOOZ ordinary shares and public warrants are traded on Nasdaq under the symbols ZOOZ and ZOOZW, respectively. The total offering includes 39,381 shares, previously issued as consideration for Yorkville's commitment to subscribe for the Advance Shares. This amendment demonstrates ZOOZ's compliance with SEC regulations and outlines the parameters surrounding its ongoing capital investment initiatives.

Form Type: F-1

Filing Date: 2025-01-14

Corporate Action: Ipo

Type: New

Accession Number: 000149315225002130

Filing Summary: ZOOZ Power Ltd. filed a registration statement on Form F-1 with the SEC on January 14, 2025, for an initial public offering of 4,937,340 ordinary shares. The proposed maximum aggregate offering price is $12,000,000, which includes 39,381 shares previously issued to Yorkville as consideration for its commitment to subscribe for advance shares. The shares will be sold over a two-year period following the effective date of the registration. The offering price, terms, and amounts will be determined at the time of sale under the Standby Equity Purchase Agreement (SEPA) entered into with Yorkville. The registration statement indicates that ZOOZ is a foreign private issuer and an emerging growth company under U.S. federal law, subject to reduced reporting requirements. Additional risks are detailed in the prospectus, highlighting the significant investment risk involved in purchasing these shares. The ordinary shares will be traded on Nasdaq under the symbols 'ZOOZ' and associated public warrants under 'ZOOZW'.