ZOOZ Power Ltd. has received shareholder approval for its $180 million private placement and Bitcoin Treasury Reserve Strategy. The energy management firm plans to finalize the private placement during the week of September 22, 2025, pending standard closing conditions. The majority of the funds, approximately 95% after settling promissory notes, will be allocated to purchasing and holding Bitcoin as part of the company's strategic reserve initiative.
ZOOZ Shareholders Approve $180M Private Placement and Bitcoin Reserve Strategy
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