Business Context and Reporting Period
This Form 6-K filing by ZOOZ Power Ltd. (a Foreign Private Issuer) covers the month of February 2025, with the report dated February 26, 2025. The filing serves as a notification regarding the expiration timeline for Series 3 Warrants issued under the Company's shelf offering report dated March 14, 2022.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a procedural notice regarding warrant terms and does not contain financial statements or operational metrics.
Material Changes
There are no material changes to financial performance or operations reported in this filing. The only material event disclosed is the upcoming expiration of the Series 3 Warrants.
Guidance, Outlook, and Management Commentary
Management commentary is limited to the notification of specific dates for the Warrants:
- Last Exercise Date: March 20, 2025.
- Last Trading Date on TASE: March 17, 2025.
The filing states that no Warrant may be exercised after the Last Exercise Date. Any outstanding Warrants not duly exercised by this date will become void, null, and have no further force or effect.
Investor Verification Checklist
- Verify the current trading status of Series 3 Warrants on the Tel-Aviv Stock Exchange (TASE) prior to March 17, 2025.
- Confirm the number of outstanding Series 3 Warrants held in your portfolio to assess potential dilution or expiration risk.
- Review the original shelf offering report (dated March 14, 2022) for specific exercise prices and terms of the Series 3 Warrants.
- Note that this filing incorporates information by reference into Registration Statements on Form F-1 (File Nos. 333-279223 and 333-284270) and Form S-8 (File No. 333-280741).