ZOOZ Strategy (ZOOZ) director discloses ordinary shares and large warrant stakes
Rhea-AI Filing Summary
ZOOZ Strategy Ltd. director Jonas Grossman filed an initial ownership report showing a mix of ordinary shares and warrants linked to the company’s ordinary shares. He holds 846,154 ordinary shares directly and additional ordinary shares and warrants through Chardan Capital Markets LLC, where he serves as president.
The filing lists pre-funded warrants indirectly held through Chardan that are exercisable for 5,000,000 ordinary shares at an exercise price of $0.001 per share, with no expiration date and a 4.99% beneficial ownership cap on exercise. It also discloses ordinary warrants indirectly held through Chardan, exercisable for 350,000 ordinary shares at an exercise price of $3.06 per share and expiring on September 19, 2030, subject to the same 4.99% beneficial ownership limit. Grossman disclaims Section 16 beneficial ownership of securities held by Chardan except to the extent of any pecuniary interest.
Positive
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Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Pre-Funded Warrants (right to buy) | -- | -- | -- |
| holding | Ordinary Warrants (right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (1)
- Represents restricted stock units ("RSUs"). The RSUs fully vest on November 21, 2026, subject to the continuous Service (as defined in the Issuer's 2015 Incentive Compensation Plan) of the holder through the applicable vesting date. These securities are held directly by Chardan Capital Markets LLC ("Chardan"). The Reporting Person is the president of Chardan and disclaims Section 16 beneficial ownership of the securities held by Chardan, except to the extend of his pecuniary interest therein, if any. The Pre-Funded Warrants have no expiration date and are exercisable at any time after the date of issuance. The holder the of Pre-Funded Warrants may not exercise the Pre-Funded Warrants if the holder, together with its affiliates, would beneficially own more than 4.99% of the number of shares of ordinary shares outstanding immediately after giving effect to such exercise. The Ordinary Warrants are fully vested and exercisable. The holder of the Ordinary Warrants may not exercise the Ordinary Warrants if the holder, together with its affiliates, would beneficially own more than 4.99% of the number of shares of ordinary shares outstanding immediately after giving effect to such exercise.
