NOTE
9 - RELATED PARTIES TRANSACTIONS:
SCHEDULE
OF RELATED PARTIES TRANSACTIONS
| | |
2026 | | |
2025 | |
| | |
Six
months ended June 30 | |
| | |
2026 | | |
2025 | |
| | |
U.S.
dollars in thousands | |
| Transactions with Related
Parties: | |
| | | |
| | |
Advisory
fees: | |
| | | |
| | |
| Digital assets
advisory fees (1) | |
| 194 | | |
| - | |
| Finance expenses: | |
| | | |
| | |
| Interest expense related
to Promissory note | |
| - | | |
| 80 | |
| Share-based compensation: | |
| | | |
| | |
| Research and development
income, net | |
| - | | |
| - | |
| General and administrative
expenses (2) | |
| 12,890 | | |
| 42 | |
| Share-based compensation | |
| 12,890 | | |
| 42 | |
| (1) | In
connection with the Private Placement, the Sponsor (a related party) is entitled to advisory
fees. |
| (2) | On
July 31, 2025, the Company’s Board approved the appointment of a new Chief Executive
Officer (the “New CEO”), effective July 31, 2025. The newly appointed CEO also
joined the Company’s Board. |
During
the year ended December 31, 2025, the Company granted 672,682 RSUs to the New CEO.
The
fair value of the RSUs that were granted during the year ended December 31, 2025, is $28,791 thousand, which is expected to be recognized
over 4 years vesting period.
ZOOZ
STRATEGY LTD
NOTES
TO THE FINANCIAL STATEMENTS (continued)
(Unaudited)
|