Business Context and Reporting Period
This Form 6-K filing by ZOOZ Power Ltd. (referred to as ZOOZ Strategy Ltd. in metadata) covers the month of September 2025. The report details significant corporate actions regarding capital raising and shareholder agreements, specifically the amendment of sales agreements and sponsor support terms.
Key Financial Metrics
The filing does not provide standard financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on capital market activities and legal agreements.
- Capital Raised (Prior Agreement): $3,686,360 in ordinary shares sold under the July 2025 Shelf Registration Statement.
- Shares Sold (Prior Agreement): 1,047,320 ordinary shares.
- New Offering Capacity: Up to $1.0 billion of ordinary shares registered under the September 2025 Registration Statement.
Material Changes
The primary material changes reported in this period involve the restructuring of the company's equity offering framework and sponsor agreements:
- Sales Agreement Amendment: On September 30, 2025, the Company entered into an Amended and Restated Sales Agreement with Chardan Capital Markets LLC and Jett Capital Advisors, LLC. Jett Capital was added as a "qualified independent underwriter."
- Registration Statement: A new Form F-3 Registration Statement (File 333-290571) was declared effective on September 30, 2025, registering up to $1.0 billion of securities.
- Sponsor Support Amendment: On September 29, 2025, the Company amended its Sponsor Support Agreement with Forest Hill 18 LP to modify terms regarding the issuance of Sponsor Shares and the Lock-Up Period.
Guidance, Outlook, and Risks
The filing does not contain forward-looking financial guidance, management commentary on operational outlook, or specific risk factors beyond standard legal disclaimers. The document notes that the report does not constitute an offer to sell securities in jurisdictions where such an offer would be unlawful.
Investor Verification Checklist
- Verify the specific terms of the amended Lock-Up Period and Sponsor Share issuance in the full text of the Amendment to the Sponsor Support Agreement (Exhibit 10.1).
- Confirm the total number of shares outstanding and the dilution impact of the new $1.0 billion shelf registration.
- Review the role and compensation structure of the new sales agent, Jett Capital Advisors, LLC, under the Amended and Restated Sales Agreement.
- Check subsequent filings for actual sales volumes executed under the new September 2025 Registration Statement.