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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported):
March 23, 2026
CHARGING ROBOTICS INC.
(Name of Registrant as specified in its charter)
| Delaware |
|
001-43029 |
|
20-2274999 |
| (State or Other Jurisdiction |
|
(Commission File Number) |
|
(I.R.S. Employer |
| of Incorporation) |
|
|
|
Identification No.) |
| 20 Raul Wallenberg Street |
|
|
| Tel Aviv, Israel |
|
6971916 |
| (Address of Principal Executive Offices) |
|
(Zip Code) |
(+972) 54 642-0352
(Registrant’s telephone number, including
area code)
Not applicable
(Former name or former address, if changed since
last report)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
| ☐ | Written communications pursuant
to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to
Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered
pursuant to Section 12(b) of the Act:
| Title of each class |
|
Trading Symbol(s) |
|
Name of each exchange on which registered |
| N/A |
|
N/A |
|
N/A |
Indicate by check mark
whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter)
or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
☒
If an emerging growth
company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or
revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item 1.01 Entry into a Material Definitive Agreement.
On
March 23, 2026, Charging Robotics Inc. (the “Company”) entered into an Earn-Out Milestone Amendment Agreement (the “Amendment
Agreement”) with certain holders (the “Holders”) of warrants (the “Milestone Warrants”) previously issued
by the Company to Xylo Technologies Ltd. (formerly known as Medigus Ltd.) (“Xylo”) pursuant to a Securities Exchange Agreement
dated March 28, 2023 (the “Exchange Agreement”), which Milestone Warrants were subsequentially transferred among Xylo and
such Holders. Pursuant to the Amendment Agreement, the Company and the Holders have agreed to extend the performance period for the three
Milestone Warrants, covering an aggregate of 6,150,000 shares upon achievement of all three milestones, with no incremental vesting, through
December 31, 2026. The Amendment Agreement also amends certain of the underlying milestone terms.
The
foregoing descriptions of the Amendment Agreement and the Milestone Warrants do not purport to be complete and are qualified in their
entirety by reference to the full texts of the form Amendment Agreement and the form of Milestone Warrant, which are filed as Exhibits
10.1 and 10.2 to this Current Report on Form 8-K and are incorporated herein by reference.
Warning Concerning
Forward Looking Statements
This
Current Report on Form 8-K contains statements which constitute forward looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995 and other securities laws. The Company is using forward-looking statements when it discusses the achievement
of performance milestones set forth in the Exchange Agreement. These forward looking statements are based upon the Company’s present
intent, beliefs or expectations, but forward looking statements are not guaranteed to occur and may not occur for various reasons, including
some reasons which are beyond the Company’s control. For this reason, among others, you should not place undue reliance upon the
Company’s forward looking statements. Except as required by law, the Company undertakes no obligation to revise or update any forward
looking statements in order to reflect any event or circumstance that may arise after the date of this Current Report on Form 8-K.
Item 3.02 Unregistered
Sales of Equity Securities.
Reference is made to the
disclosure under Item 1.01 above which is hereby incorporated in this Item 3.02 by reference.
The
Milestone Warrants and the shares of common stock issuable upon exercise of the Milestone Warrants have not been registered under the
Securities Act of 1933, as amended (the “Securities Act”), or the securities laws of any state, and are being offered and
sold in reliance on the exemption from registration under the Securities Act, afforded by Section 4(a)(2) and/or Rule 506 promulgated
thereunder.
This
Current Report on Form 8-K shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there
be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to
the registration or qualification under the securities laws of any such state or other jurisdiction.
Item 9.01 Financial
Statements and Exhibits.
(d) Exhibits
| Exhibit No. |
|
Description |
| 10.1 |
|
Form of Earn Out Milestone Amendment Agreement |
| 10.2 |
|
Form of Milestone Warrant |
| 104 |
|
Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
| |
Charging Robotics Inc. |
| |
|
|
| |
By: |
/s/ Yakov Baranes |
| |
Name: |
Yakov Baranes |
| |
Title: |
Chief Executive Officer |
Date: March 23, 2026