ZOOZ Power Enters Standby Equity Purchase Agreement to Further Growth Strategy
ZOOZ Power Ltd. - Ordinary Shares (ZOOZ)
Company Research
Source: GlobeNewswire
Tel Aviv, Israel, Nov. 14, 2024 (GLOBE NEWSWIRE) -- ZOOZ Power Ltd. (NASDAQ and TASE: ZOOZ) (“ZOOZ”), the leading provider of Flywheel-based power boosting and power management solutions enabling ultra-fast multi-port Electronic Vehicle (“EV”) charging, today announced that it has entered into a Standby Equity Purchase Agreement (“SEPA”) with YA II PN, Ltd. (“Yorkville”), an investment fund managed by Yorkville Advisors Global, LP. This agreement aligns with ZOOZ’s ongoing efforts to expedite growth and provides a flexible financing option to support future capital needs. Under the terms of the SEPA, and subject to customary conditions, ZOOZ has the option, at its sole discretion, to sell and issue up to $12 million in ZOOZ ordinary shares, par value NIS 0.00286 per share (the “Ordinary Shares”) to Yorkville over a two-year period. Ordinary Shares sold to Yorkville under the SEPA will be priced at 97% of the Market Price (as defined in the SEPA) during a specified three-day prici
Show less
Read more
Impact Snapshot
Event Time:
ZOOZ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ZOOZ alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ZOOZ alerts
High impacting ZOOZ Power Ltd. - Ordinary Shares news events
Weekly update
A roundup of the hottest topics
ZOOZ
News
- ZOOZ Power Ltd. to Participate in Benchmark’s 13th Annual Discovery One-on-One Investor ConferenceGlobeNewswire
- ZOOZ Power Ltd. (NASDAQ: ZOOZ) is now covered by analysts at Benchmark Co.. They set a "buy" rating and a $5.00 price target on the stock.MarketBeat
- ZOOZ Power Ltd. (NASDAQ: ZOOZ) was upgraded by analysts at Maxim Group to a "strong-buy" rating.MarketBeat
- ZOOZ Power Ltd. to Present at the LD Micro Main Event XVII on Wednesday, October 30, 2024GlobeNewswire
ZOOZ
Sec Filings
- 11/26/24 - Form 6-K
- 11/14/24 - Form 6-K
- 11/14/24 - Form SC
- ZOOZ's page on the SEC website