ZOOZ Power Ltd.(US:ZOOZ) Globenewswire·2026-01-20 14:00Core Viewpoint - ZOOZ Strategy Ltd. has reported significant improvements in its cash position and has fully repaid its promissory notes, while also detailing its Bitcoin holdings and sales under its ATM program as of December 31, 2025 [1][4][6][8]. Cash and Debt Positions - As of December 31, 2025, the company had cash and cash equivalents of approximately $27.1 million, a substantial increase from $2.5 million as of June 30, 2025, and $7.5 million as of December 31, 2024, primarily due to proceeds from private placement transactions [2]. - The company had no outstanding debt other than ordinary course accounts payable and accrued expenses totaling approximately $1.3 million as of December 31, 2025, compared to $1.54 million and $1.16 million as of June 30, 2025, and December 31, 2024, respectively [3]. Promissory Notes - The company has fully repaid its obligations under promissory notes issued in favor of Keyarch Acquisition Corporation and EarlyBirdCapital, Inc., with amounts due as of June 30, 2025, being $2.23 million and $0.92 million, respectively [4]. Bitcoin Holdings - Since adopting its Bitcoin treasury strategy in July 2025, the company has purchased a total of 1,046 Bitcoin at an average price of $112,745 per Bitcoin, amounting to approximately $121.9 million, and holds all of the Bitcoin purchased as of December 31, 2025 [6]. Sales Under ATM Program - The company has entered into sales agreements for the sale of its ordinary shares, with total gross proceeds of $3,989,933 from the sale of 1,047,320 shares at an average price of $2.39 and 95,500 shares at an average price of $1.79 as of December 31, 2025 [8]. Corporate Updates - The company is exploring additional strategic alternatives to capitalize on its patented flywheel technology and is considering adding cash-flowing businesses within the Bitcoin ecosystem, while also engaging in discussions with a defense and intelligence electronics company [9].