The listed company ZOOZ Power raised $180 million through a share placement to launch a Bitcoin reserve treasury
ChainCatcher news, according to GlobeNewswire, Nasdaq-listed company ZOOZ Power announced a PIPE stock offering to raise $180 million to launch its Bitcoin reserve treasury.
The company will sell 180 million shares of common stock and pre-funded warrants at a price of $1 per share, with participation from Pantera Capital, FalconX, Arrington Capital, UTXO Management, ATW Partners, and well-known Israeli investor Alex Rabinovitch, but this financing is still subject to shareholder approval.
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