Zooz Strategy Ltd. schedules annual meeting and confirms company name change

Published 16/10/2025, 21:18
© Reuters

Zooz Strategy Ltd. (NASDAQ:ZOOZ), formerly known as Zooz Power Ltd., announced Thursday that it will hold its annual general meeting of shareholders on Friday, November 21, 2025, at 4:00 PM Israel time. The meeting will take place in Israel, and the company plans to begin distributing its proxy statement to shareholders on or about October 27. The company’s stock, currently trading at $28.23, has shown resilience with a 24% gain over the past six months, though it remains down 34% year-over-year. InvestingPro analysis suggests the stock is currently trading above its Fair Value.

According to a statement released by the company, the notice of the annual meeting, proxy statement, and proxy card will be provided to shareholders of record. The meeting is expected to address regular annual matters, though further details will be included in the official proxy materials.

The company also confirmed that, as previously approved by its shareholders at an extraordinary general meeting on September 19, the Israeli Registrar of Companies has approved the change of the company’s name from Zooz Power Ltd. to Zooz Strategy Ltd. The name change and a corresponding amendment to the company’s Articles of Association were finalized on Thursday.

Zooz Strategy Ltd. is incorporated in Israel and operates in the industrial and commercial machinery and equipment sector. The company’s principal executive office is located in Lod, Israel.

This information is based on a statement included in the company’s recent filing with the U.S. Securities and Exchange Commission.

In other recent news, Coca-Cola Europacific Partners has been actively engaging in share repurchases as part of its ongoing buyback program. The company completed the third tranche of its program, acquiring a total of 1,794,369 ordinary shares for approximately €137.9 million. Following this, a new phase of the buyback initiative was launched. Recent filings with the Securities and Exchange Commission reveal that the company purchased shares on both US and London trading venues, with notable transactions occurring on multiple days. All repurchased shares are set to be canceled, as confirmed in their filings. Meanwhile, Zooz Power Ltd. announced that its shareholders have approved a $180 million private placement and the adoption of a bitcoin treasury reserve strategy. These developments were confirmed during an Extraordinary General Meeting, with all proposals passing the requisite majority.

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