M&A - Charging Robotics Inc.

Form Type: 8-K

Filing Date: 2025-06-30

Corporate Action: Acquisition

Type: New

Accession Number: 000121390025059243

Filing Summary: On June 24, 2025, Charging Robotics Inc. entered into a securities exchange agreement with Revoltz Ltd., an Israeli company, and its shareholders. Under this agreement, Charging Robotics issued an aggregate of 12.35% of its issued and outstanding capital stock, equating to 1,385,002 shares of its common stock, in exchange for 32.74% of Revoltz's issued and outstanding share capital, which consists of 37,476 ordinary shares of Revoltz. This acquisition is expected to close on or about June 30, 2025, contingent upon customary closing conditions, and will result in Revoltz becoming a majority-owned subsidiary of Charging Robotics. The agreement incorporated customary representations and warranties by all parties involved, making provisions solely for their benefit. Details of the agreement are filed as Exhibit 10.1 with the report.