Reported Earlier: ParaZero Technologies Announces $2M Registered Direct Offering Of 1M Shares And 1M Pre-Funded Warrants At A Combined Price Of $1

On January 12, 2026, ParaZero Technologies Ltd. (the "Company"), entered into a securities purchase agreement (the "Securities Purchase Agreement") with institutional investors for the purchase and sale of (i) 1,000,000 of the Company's ordinary shares, par value NIS 0.02 per share (the "Ordinary Shares"), and (ii) pre-funded warrants (the "Pre-Funded Warrants") to purchase up to 1,000,000 Ordinary Shares, in a registered direct offering (the "Offering") at a purchase price of $1.00 per Ordinary Share and $0.99999 per Pre-Funded Warrant.

The Pre-Funded Warrants will be immediately exercisable at an exercise price of $0.00001 per Ordinary Share, subject to adjustment as set forth therein, and will not expire until exercised in full. The Pre-Funded Warrants may be exercised on a cashless basis.

A holder of the Pre-Funded Warrants will not have the right to exercise any portion of its Pre-Funded Warrants if the holder (together with such holder's affiliates, and any persons acting as a group together with such holder or any of such holder's affiliates or any other persons whose beneficial ownership of Ordinary Shares would be aggregated with the holder's or any of the holder's affiliates), would beneficially own Ordinary Shares in excess of 4.99% of the number of the Ordinary Shares outstanding immediately after giving effect to such exercise.

The Offering is expected to close on or about January 13, 2026, subject to the satisfaction of customary closing conditions. The aggregate gross proceeds to the Company are expected to be approximately $2.0 million. The Company expects to use the net proceeds from the Offering, together with its existing cash, for general corporate purposes and working capital.

The Securities Purchase Agreement also contain representations, warranties, indemnification and other provisions customary for transactions of this nature.