<a href="https://laohu8.com/S/XYLO">Xylo Technologies</a> Ltd. Invests $750,000 in <a href="https://laohu8.com/S/PRZO">ParaZero Technologies Ltd</a>. through Securities Purchase Agreement
Xylo Technologies Ltd. has announced a definitive securities purchase agreement with ParaZero Technologies Ltd. On August 4, 2025, Xylo Technologies, among other investors, agreed to purchase 581,818 ordinary shares of ParaZero, each with a par value of NIS 0.02, along with pre-funded warrants to acquire up to 100,000 additional ordinary shares. The transaction is valued at $750,000, with each ordinary share priced at $1.10 and each pre-funded warrant at $1.09999. The pre-funded warrants carry an exercise price of $0.00001 per share and do not expire until fully exercised. However, the exercise of these warrants is subject to a beneficial ownership limitation, ensuring holders do not exceed 4.99% ownership of ParaZero's outstanding ordinary shares. The agreement includes standard representations, warranties, and indemnification provisions.
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