- ZOOZ Power Ltd. announced an additional purchase of **329 Bitcoin** for approximately **$40 million**.  **[1992818_0001493152-25-017027_ex99-1.htm:0]** 
- This acquisition brings the company's total Bitcoin holdings to **854 Bitcoin**, valued at **more than $100 million**.  **[1992818_0001493152-25-017027_ex99-1.htm:0]** 
- The purchase is part of ZOOZ's ongoing bitcoin treasury reserve strategy, funded by net proceeds from a private placement.  **[1992818_0001493152-25-017027_ex99-1.htm:0]**

ZOOZ Power Increases Bitcoin Holdings

- On **October 6, 2025**, ZOOZ Power Ltd. announced an additional purchase of **329 bitcoin** for approximately **$40 million**.  **[1992818_20251006IO90834:0]** 
- This latest acquisition increases ZOOZ's total bitcoin holdings to **854 bitcoin**, now valued at more than **$100 million**.  **[1992818_20251006IO90834:0]** 
- The company is actively executing its bitcoin treasury reserve strategy, positioning itself as the **first Nasdaq and TASE dual-listed company** to implement such a long-term strategic approach.  **[1992818_20251006IO90834:0]**

ZOOZ Power Expands Bitcoin Holdings to Over $100 Million

- **ZOOZ Power Ltd.** entered into an Amended and Restated Sales Agreement to offer and sell up to **$1.0 billion of Ordinary Shares** through an "at the market offering".  **[1992818_0001493152-25-016387_form6-k.htm:1]** **[1992818_0001493152-25-016387_ex5-1.htm:1]** 
- A Registration Statement on Form F-3 for this offering was declared effective on **September 30, 2025**.  **[1992818_0001493152-25-016387_form6-k.htm:1]** **[1992818_0001493152-25-016387_ex5-1.htm:1]** 
- The company also amended its Sponsor Support Agreement on **September 29, 2025**, with Forest Hill 18, LP, modifying terms for Sponsor Shares and the Lock-Up Period.  **[1992818_0001493152-25-016387_ex10-1.htm:0]** **[1992818_0001493152-25-016387_form6-k.htm:2]** 
- As part of the amended agreement, ZOOZ Power Ltd. will sell to the Sponsor **150,000 Ordinary Shares** and **1,525,926 Pre-Funded Warrants** for a total purchase price of **$16,759.26**.  **[1992818_0001493152-25-016387_ex10-1.htm:0]**

ZOOZ Power Ltd. announces $1.0 billion at-the-market offering and amends sponsor support agreement

- ZOOZ Power Ltd. announced the subsequent closing of its private placement, generating **$159 million** in net cash proceeds, with approximately **95%** intended to acquire bitcoin for long-term treasury management.  **[1992818_20250930LN87108:0]** 
- The company made an initial purchase of approximately **525 bitcoin** for an aggregate consideration of **$60 million**.  **[1992818_20250930LN87108:0]** 
- Following shareholder approval on September 19, 2025, ZOOZ re-constituted its Board of Directors, with **Alberto Franco** and **Jonas Grossman** joining, and **Jordan Fried**, **Todd Thomson**, and **Samer Haj-Yehia** being re-elected.  **[1992818_20250930LN87108:0]** 
- ZOOZ filed a shelf registration statement on Form F-3 on September 29, 2025, which, upon effectiveness, will allow the company to raise up to **$1 billion** in additional capital.  **[1992818_20250930LN87108:0]**

ZOOZ Power completes private placement and initial bitcoin purchase

- On September 30, 2025, **ZOOZ Power Ltd. completed its initial purchase of approximately 525 bitcoin for $60 million** at an average price of **~$114,000 per bitcoin**, marking the official launch of its bitcoin treasury reserve strategy.  **[1992818_0001493152-25-016201_ex99-1.htm:0]** **[1992818_0001493152-25-016201_ex99-1.htm:0]** 
- The company announced the **subsequent closing of a private placement**, which generated **$159 million in net cash proceeds**, with approximately **95%** of these proceeds intended for bitcoin acquisition.  **[1992818_0001493152-25-016201_ex99-1.htm:0]** **[1992818_0001493152-25-016201_ex99-1.htm:0]** 
- ZOOZ filed a shelf registration statement on Form F-3, which, upon effectiveness, will allow the company to **raise up to $1 billion in additional capital** to execute its business plan.  **[1992818_0001493152-25-016201_ex99-1.htm:0]** **[1992818_0001493152-25-016201_ex99-1.htm:0]** 
- The Board of Directors was re-constituted, with **Alberto Franco** and **Jonas Grossman** joining, and **Jordan Fried**, **Todd Thomson**, and **Samer Haj-Yehia** being re-elected.  **[1992818_0001493152-25-016201_ex99-1.htm:0]** **[1992818_0001493152-25-016201_ex99-1.htm:0]**

ZOOZ Power Ltd. Launches Bitcoin Treasury Reserve Strategy and Completes Initial Bitcoin Purchase

- ZOOZ Power Ltd. shareholders approved a **$180 million private placement (PIPE)** and a **Bitcoin Treasury Reserve Strategy** at an Extraordinary General Meeting held on **September 19, 2025**.  **[1992818_0001493152-25-014157_form6-k.htm:0]** **[1992818_0001493152-25-014157_ex99-1.htm:0]** 
- The company anticipates closing the PIPE during the week of **September 22, 2025**, subject to customary closing conditions.  **[1992818_0001493152-25-014157_ex99-1.htm:0]** 
- Approximately **95% of the net proceeds** from the PIPE will be allocated to purchase and hold Bitcoin on ZOOZ's balance sheet, making it the **first dual-listed Nasdaq and TASE company** to formally adopt such a strategy.  **[1992818_0001493152-25-014157_ex99-1.htm:0]** **[1992818_0001493152-25-014157_ex99-1.htm:1]** 
- Shareholders also approved the issuance of Ordinary Shares and Warrants related to the PIPE, an amendment to increase authorized share capital, and the election of **Alberto Franco** and **Jonas Grossman** to the Board of Directors.  **[1992818_0001493152-25-014157_ex99-1.htm:0]**

ZOOZ Shareholders Approve $180 Million Private Placement and Bitcoin Treasury Strategy

- ZOOZ Power Ltd. reported a **net loss of $(7,045) thousand** for the six months ended June 30, 2025, compared to $(5,237) thousand for the same period in 2024, with **negative cash flows from operating activities of $(4,950) thousand**.  **[1992818_0001641172-25-025985_ex99-1.htm:0]** **[1992818_0001641172-25-025985_ex99-1.htm:4]** **[1992818_0001641172-25-025985_ex99-2.htm:8]** **[1992818_0001641172-25-025985_ex99-2.htm:9]** 
- The company's cash balance of **$2,452 thousand** as of June 30, 2025, is not sufficient to continue operations for at least 12 months, raising **substantial doubt about its ability to continue as a going concern**.  **[1992818_0001641172-25-025985_ex99-1.htm:0]** **[1992818_0001641172-25-025985_ex99-1.htm:4]** **[1992818_0001641172-25-025985_ex99-2.htm:9]** 
- In July 2025, ZOOZ adopted **Bitcoin as its primary treasury reserve asset** and anticipates receiving approximately **$180 million** in gross proceeds from a Subsequent Private Placement, with the majority intended for building a Bitcoin reserve.  **[1992818_0001641172-25-025985_ex99-2.htm:0]** **[1992818_0001641172-25-025985_ex99-2.htm:2]** **[1992818_0001641172-25-025985_ex99-1.htm:3]** 
- To address liquidity and fund operations, the company completed an Initial Private Placement in July 2025, raising **$5.0 million** in gross proceeds, and is conducting an At-the-Market offering, having sold **119,820 ordinary shares** as of August 27, 2025.  **[1992818_0001641172-25-025985_ex99-2.htm:1]** **[1992818_0001641172-25-025985_ex99-2.htm:6]** **[1992818_0001641172-25-025985_ex99-1.htm:9]**

ZOOZ Power (ZOOZ)