ParaZero Technologies Launches $2 Million Registered Direct Offering of Shares and Pre-Funded Warrants

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2026.01.12 15:17
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ParaZero Technologies Ltd. has announced a registered direct offering of 1,000,000 ordinary shares and pre-funded warrants to purchase an additional 1,000,000 shares, priced at $1.00 per share. The offering is expected to generate approximately $2 million in gross proceeds and is set to close around January 13, 2026. The funds will be used for general corporate purposes and working capital. The latest analyst rating for PRZO stock is a Hold with a price target of $1.50, reflecting concerns over the company's financial health and unprofitability.