Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
On February 10, 2026, Eco Wave
Power Global AB (publ) (the “Company”) issued a press release titled “Eco Wave Power Signs Letter of Intent with UK-Based
Wavefront Asset Management for Potential Financing of Global Wave Energy Projects” a copy of which is furnished as Exhibit 99.1
with this Report of Foreign Private Issuer on Form 6-K.
The first through sixth paragraphs,
and tenth paragraph and the section titled “Forward-Looking Statements” in the press release attached as Exhibit 99.1 are
incorporated by reference into the Company’s Registration Statements on Form F-3 (Registration Nos. 333-275728
and 333-282101) filed with the Securities and Exchange Commission to be a part thereof from the date
on which this Report of Foreign Private Issuer on Form 6-K is submitted, to the extent not superseded by documents or reports subsequently
filed or furnished.
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, thereunto duly authorized.
Exhibit 99.1
Eco Wave Power Signs Letter of Intent with UK-Based Wavefront
Asset Management for Potential Financing of Global Wave Energy Projects
London, UK – (Newsfile Corp. – February
10, 2026) – Eco Wave Power Global AB (NASDAQ: WAVE) (“Eco Wave Power” or the “Company”), a global
leader in onshore wave energy technology, today announced that Eco Wave Power Ltd. has signed a Letter of Intent (“LOI”) with
Wavefront Asset Management Limited (“Wavefront” or “WAM”), a UK-based asset management firm specializing
in the financing of environmental and sustainable maritime assets.
Under the LOI, Wavefront is expected to provide
structured equipment financing and leasing solutions to support the deployment of Eco Wave Power’s proprietary wave energy generation
equipment across its global project portfolio. The arrangement is intended to facilitate customer access to flexible financing solutions
for wave energy installations, supporting Eco Wave Power’s transition from pilot and demonstration projects to commercial-scale
deployments.
Pursuant to the LOI, Eco Wave Power may, at
its sole discretion, introduce customers interested in financing wave energy equipment to Wavefront. Wavefront is expected to act as a
funder and lessor, acquiring Eco Wave Power equipment and leasing it directly to customers under medium-term finance lease arrangements,
subject to customary due diligence and credit approvals.
Wavefront’s contemplated financing solutions
may cover up to 100% of equipment costs and may also include installation costs and staged payments, depending on customer profile and
transaction structure. Transaction sizes may range from small to large-scale financings, enabling flexibility across different project
sizes, markets, and geographies.
In addition, Wavefront is expected to support
Eco Wave Power’s commercial efforts by providing leasing quotations and application documentation, participating in customer discussions
upon request, conducting credit evaluations, issuing lease documentation, and administering lease agreements throughout their lifecycle.
The LOI has an initial term of 36 months and
reflects the parties’ intention to collaborate on providing efficient and scalable financing solutions for Eco Wave Power’s
customers worldwide. Except for certain customary provisions, the LOI is non-binding, and any financing transactions will be subject to
definitive agreements between Wavefront and the relevant customers.
“Access to tailored financing solutions
is critical for accelerating the deployment of renewable energy infrastructure,” said Inna Braverman, CEO and Founder of Eco Wave
Power. “This LOI supports our strategy of reducing financing barriers for customers while advancing the commercialization of wave
energy. As our global project pipeline continues to grow, we believe collaborations such as this can play an important role in enabling
the transition from demonstration projects to commercial-scale installations.”
“We are pleased to enter into this Letter
of Intent with Eco Wave Power,” said Kevin Swannack, Director for Wavefront Asset Management. “Eco Wave Power’s technology
represents an innovative and practical approach to marine renewable energy and aligns well with our focus on financing environmental and
sustainable maritime assets. Through this collaboration, we aim to provide flexible and efficient financing solutions that can support
customers deploying wave energy equipment across a range of project sizes and geographies.”
Wavefront Asset Management is dedicated to providing
finance for businesses investing in environmental equipment across multiple industries, including the maritime, ports, and energy sectors.
Based in the United Kingdom and operating globally, Wavefront manages a significant portfolio of financed assets backed by institutional
capital, with a management team experienced in banking and maritime operations.
Eco Wave Power continues to expand its global
footprint with projects operational and under development in Israel, the United States and soon also in Europe, and Asia. The Company
believes that strategic financing collaborations such as this LOI are essential to supporting long-term growth and accelerating the commercial
adoption of wave energy technology worldwide.
About Eco Wave Power Global AB (publ)
Eco Wave Power Global (NASDAQ: WAVE) is a pioneering
onshore wave energy company that transforms the power of ocean and sea waves into clean, reliable, and cost-efficient electricity through
its patented, intelligent technology.
With a mission to accelerate the global transition
to renewable energy, Eco Wave Power developed and operates Israel’s first grid-connected wave energy power station, recognized as
a “Pioneering Technology” by the Israeli Ministry of Energy and co-funded by EDF Renewables IL. In the United States, the
Company recently launched the first-ever onshore wave energy pilot station at the Port of Los Angeles, in collaboration with Shell Marine
Renewable Energy.
Eco Wave Power is expanding rapidly worldwide,
with upcoming projects in Portugal, Taiwan, and India, representing a robust project pipeline of 404.7 MW under development. The Company
has received international recognition and support from organizations including the European Union Regional Development Fund, Innovate
UK, and the EU Horizon 2020 program, and was honoured with the United Nations Global Climate Action Award.
Eco Wave Power’s American Depositary Shares
(ADSs) are traded on the Nasdaq Capital Market under the ticker symbol “WAVE.”
For more information, please visit www.ecowavepower.com
Forward-Looking Statements
This press release contains forward-looking
statements within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995
and other Federal securities laws. For example, the Company is using forward-looking statements in this press release when it discusses
the intention that Wavefront’s structured financing will facilitate customer access to flexible financing solutions for wave energy
installations, supporting Eco Wave Power’s transition from pilot and demonstration projects to commercial-scale deployments, and
the Company’s belief that strategic financing collaborations such as this LOI are essential to supporting long-term growth and accelerating
the commercial adoption of wave energy technology worldwide. Forward-looking statements can be identified by words such as: “anticipate,”
“intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,”
“expect,” “strategy,” “future,” “likely,” “may,” “should,” “will”,
or variations of such words, and similar references to future periods. These forward-looking statements and their implications are neither
historical facts nor assurances of future performance and are based on the current expectations of the management of Eco Wave Power and
are subject to a number of factors, uncertainties and changes in circumstances that are difficult to predict and may be outside of Eco
Wave Power’s control that could cause actual results to differ materially from those described in the forward-looking statements.
Therefore, you should not rely on any of these forward-looking statements. Except as otherwise required by law, Eco Wave Power undertakes
no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date
hereof or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting Eco
Wave Power is contained under the heading “Risk Factors” in Eco Wave Power’s Annual Report on Form 20-F for the fiscal
year ended December 31, 2024 filed with the SEC on March 3, 2025, which is available on the on the SEC’s website, www.sec.gov,
and other documents filed or furnished to the SEC. Any forward-looking statement made in this press release speaks only as of the date
hereof. References and links to websites have been provided as a convenience and the information contained on such websites is not incorporated
by reference into this press release.
