ParaZero Technologies Ltd. has announced a Special General Meeting of Shareholders to be held on July 24, 2024, at the offices of Gornitzky & Co. in Tel Aviv, Israel. The primary agenda for the meeting is to vote on a proposed reverse stock split of the company's ordinary shares, with the ratio ranging from 1-for-5 to 1-for-20, to be determined by the Board of Directors. The reverse split aims to comply with Nasdaq's minimum bid price requirement and make the company's stock more attractive to investors. Shareholders of record as of July 5, 2024, are entitled to vote at the meeting. The company has also provided a proxy statement and a form of proxy card for shareholders to vote without attending in person. The reverse split is subject to shareholder approval, and if passed, the Board will have one year from the date of the meeting to determine the exact ratio and effective date of the reverse split. The company's CEO, Boaz Shetzer, signed the report on July 3, 2024.

ParaZero Technologies Ltd. has announced a Special General Meeting of Shareholders to be held on July 24, 2024, at the offices of Gornitzky & Co. in Tel Aviv, Israel. The primary agenda for the meeting is to vote on a proposed reverse stock split of the company's ordinary shares, with the ratio ranging from 1-for-5 to 1-for-20, to be determined by the Board of Directors. The reverse split aims to comply with Nasdaq's minimum bid price requirement and make the company's stock more attractive to investors. Shareholders of record as of July 5, 2024, are entitled to vote at the meeting. The company has also provided a proxy statement and a form of proxy card for shareholders to vote without attending in person. The reverse split is subject to shareholder approval, and if passed, the Board will have one year from the date of the meeting to determine the exact ratio and effective date of the reverse split. The company's CEO, Boaz Shetzer, signed the report on July 3, 2024.