Symbols

ZOOZ Power Plunges 36.18% on ATM Equity Program

Generated by AI AgentAinvest Pre-Market Radar

Tuesday, Jul 29, 2025 9:09 am ET1min read

Aime Summary

- ZOOZ Power’s stock plunged 36.18% pre-market after announcing a $10.95M ATM equity program to boost financial flexibility.

- The Nasdaq ATM program aims to fund operations and strategic initiatives while addressing investor concerns over financial stability.

- A concurrent material events report filed by the company highlights risks to investors, emphasizing transparency amid significant market volatility.

On July 29, 2025, ZOOZ Power's stock price plummeted by 36.18% in pre-market trading, marking a significant decline for the company.

ZOOZ Power Ltd. has filed a Rule 424(b)(5) prospectus supplement, establishing a Nasdaq “at-the-market” (ATM) equity program of up to $10.95 million. This move is aimed at providing the company with additional financial flexibility and resources to support its ongoing operations and strategic initiatives.

Additionally, ZOOZ PowerZOOZ-- Ltd. has submitted a current report (Foreign Issuer) on July 29, 2025, indicating material events or updates that could impact the company's financial health or operational status. This filing is crucial for investors to stay informed about any significant developments that may affect their investment decisions.

Ainvest Pre-Market Radar

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