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ZOOZ Power announces a $180 million private sale to promote the Bitcoin treasury reserve strategy.
[Bit推] US-listed company ZOOZ Power Ltd. (ZOOZ) announced a private sale of $180 million, launching a Bitcoin treasury reserve strategy. This PIPE still requires shareholder approval and is expected to sell 180 million shares of the company's common stock and pre-paid warrants at a price of $1 per share. Participants in this PIPE include strategic investors Pantera Capital, FalconX, Arrington Capital, UTXO Management, ATW Partners, and well-known Israeli investor Alex Rabinovitch.