Brief: Zooz Power Ltd To Become Publicly Traded On Nasdaq
31/07/2023 13:17
July 31 (Reuters) - Keyarch Acquisition Corp KYCH.O :
* ZOOZ POWER LTD. TO BECOME PUBLICLY TRADED ON NASDAQ
THROUGH
PROPOSED BUSINESS COMBINATION WITH KEYARCH ACQUISITION
CORPORATION
* ZOOZ POWER LTD - TRANSACTION VALUES ZOOZ IMMEDIATELY PRIOR
TO
CLOSING AT AN AGREED EQUITY VALUE OF UP TO $100 MILLION
* ZOOZ POWER LTD - COMPANY IS EXPECTED TO RETAIN ITS
EXPERIENCED
MANAGEMENT TEAM, WITH BOAZ WEIZER AS CEO AND RUTH SMADJA AS CFO
* ZOOZ POWER LTD - IS EXPECTED TO BE PUBLICLY LISTED ON
NASDAQ
UNDER SYMBOL "ZOOZ", AND WILL REMAIN LISTED ON TEL AVIV STOCK
EXCHANGE ("TASE")
Source text for Eikon: ID:nGNXbcFddR
Further company coverage: KYCH.O
((Reuters.Briefs@thomsonreuters.com;))
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