[6-K] ZOOZ Power Ltd. Current Report (Foreign Issuer)
ZOOZ Strategy Ltd. furnished a Form 6-K announcing it issued a press release that announces a $50 million share repurchase program, subject to meeting regulatory requirements. The release is provided as Exhibit 99.1 and is incorporated by reference into the company’s effective registration statements.
The filing states that this Form 6-K and Exhibit 99.1 are incorporated by reference into ZOOZ’s Form S-8 (File No. 333-280741) and Forms F-3 (File Nos. 333-288280, 333-288916, 333-289655, 333-290571 and 333-290638). Share repurchase programs authorize a company to buy back its shares, and the stated condition indicates the program will proceed only after applicable regulatory steps are satisfied.
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Insights
$50M buyback announced, execution conditioned on regulatory steps.
ZOOZ Strategy Ltd. disclosed a share repurchase program for up to
The conditioning language means activity depends on completing applicable regulatory processes. Actual repurchase volume and timing will reflect those clearances and any corporate discretion.
The Form 6-K also incorporates the press release into existing Form S-8 and multiple Form F-3 registrations, a procedural step that aligns disclosures across offering documents.