Charging Robotics Inc. Issues 1.39M Shares in Exchange for 32.74% Stake in Revoltz, Becoming Majority Owner

Reuters
06-30
<a href="https://laohu8.com/S/FDOC">Charging Robotics Inc.</a> Issues 1.39M Shares in Exchange for 32.74% Stake in Revoltz, Becoming Majority Owner

On June 24, 2025, Charging Robotics Inc. entered into a securities exchange agreement with Revoltz Ltd., an Israeli company, and its shareholders. Under the agreement, Charging Robotics Inc. issued 1,385,002 shares of its common stock, representing 12.35% of its issued and outstanding capital stock, to the Revoltz shareholders. In exchange, Charging Robotics acquired 32.74% of Revoltz's issued and outstanding share capital, equal to 37,476 ordinary shares, resulting in Revoltz becoming a majority-owned subsidiary of Charging Robotics. The transaction is expected to close around June 30, 2025. The document does not specify the price of the shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Charging Robotics Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-059243), on June 30, 2025, and is solely responsible for the information contained therein.

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