PANews reported on September 22nd, according to Globenewswire, that energy management solutions giant ZOOZ Power Ltd. (NASDAQ and TASE: ZOOZ) announced that at its special meeting of shareholders, shareholders voted to approve all proposals related to the company's previously announced $180 million private placement ("PIPE") and Bitcoin Treasury Reserve Strategy. Following approval, ZOOZ expects to complete the PIPE during the week of September 22, 2025, subject to customary closing conditions and final documentation. The proceeds from the PIPE will primarily be used to initiate ZOOZ's Bitcoin Treasury Reserve Strategy. The company plans to use approximately 95% of the net proceeds (after repayment of outstanding promissory notes) to purchase and hold Bitcoin.PANews reported on September 22nd, according to Globenewswire, that energy management solutions giant ZOOZ Power Ltd. (NASDAQ and TASE: ZOOZ) announced that at its special meeting of shareholders, shareholders voted to approve all proposals related to the company's previously announced $180 million private placement ("PIPE") and Bitcoin Treasury Reserve Strategy. Following approval, ZOOZ expects to complete the PIPE during the week of September 22, 2025, subject to customary closing conditions and final documentation. The proceeds from the PIPE will primarily be used to initiate ZOOZ's Bitcoin Treasury Reserve Strategy. The company plans to use approximately 95% of the net proceeds (after repayment of outstanding promissory notes) to purchase and hold Bitcoin.

ZOOZ shareholders approve previously announced $180 million private placement and Bitcoin reserve strategy proposals

2025/09/22 19:23

PANews reported on September 22nd, according to Globenewswire, that energy management solutions giant ZOOZ Power Ltd. (NASDAQ and TASE: ZOOZ) announced that at its special meeting of shareholders, shareholders voted to approve all proposals related to the company's previously announced $180 million private placement ("PIPE") and Bitcoin Treasury Reserve Strategy. Following approval, ZOOZ expects to complete the PIPE during the week of September 22, 2025, subject to customary closing conditions and final documentation. The proceeds from the PIPE will primarily be used to initiate ZOOZ's Bitcoin Treasury Reserve Strategy. The company plans to use approximately 95% of the net proceeds (after repayment of outstanding promissory notes) to purchase and hold Bitcoin.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

‘The View,’ Hosts, Howard Stern Join Chorus Of Stars Backing Jimmy Kimmel (Updating List)

‘The View,’ Hosts, Howard Stern Join Chorus Of Stars Backing Jimmy Kimmel (Updating List)

The post ‘The View,’ Hosts, Howard Stern Join Chorus Of Stars Backing Jimmy Kimmel (Updating List) appeared on BitcoinEthereumNews.com. Topline Actors, fellow comedians and late-night hosts have voiced support for Jimmy Kimmel in droves after ABC suspended his late-night show last week—some blasting the “dark moment for freedom of speech”—with talk show hosts Andy Cohen and Howard Stern joining the chorus of support Monday. Hundreds of celebrities have voiced support for Jimmy Kimmel following his ABC suspension. (Randy Holmes/ABC via Getty Images) JIMMY KIMMEL ABC via Getty Images Key Facts Within days of ABC suspending Kimmel’s late-night talk show over comments he made on-air about the assassination of conservative activist Charlie Kirk, celebrities have stood by the host across multiple open letters and social media posts. Many joined the chorus of support Monday, including Meryl Streep, Tom Hanks and hundreds of others who signed an open letter published by the American Civil Liberties Union, as well as talk show hosts Andy Cohen and the co-hosts of “The View” on their respective shows. Kimmel has not yet commented on his show’s suspension. What Fellow Talk Show Hosts Are Backing Kimmel? Andy Cohen said on his SiriusXM radio show Monday he is “very upset by this, and you should be too,” calling Kimmel “one of the great guys of all time” and criticizing President Donald Trump for threatening the broadcast licenses for programs that are “against” him. The co-hosts of “The View” broke their silence about Kimmel on Monday as speculation mounted over whether the hosts of the ABC talk show were told not to discuss the controversy. “No one silences us,” host Whoopi Goldberg said Monday, adding the “government cannot apply pressure to force someone to be silenced.” “The View” co-host Ana Navarro criticized “how the government itself is using its weight and power to bully and scare people into silence,” claiming “this is what dictators and authoritarians do, it…
Share
BitcoinEthereumNews2025/09/23 07:06