Israeli aerospace company ParaZero Technologies completes IPO

Categories: Capital Markets

Israeli aerospace company ParaZero Technologies Ltd. has completed its USD 7.8 million IPO.

ParaZero is focused on drone safety systems and is engaged in the business of designing, developing, and providing autonomous parachute safety systems for commercial drones, also known as unmanned aerial systems.

Greenberg Traurig acted for the company in its IPO on the Nasdaq – led by

GT Tel Aviv Shareholder, David Huberman, with the assistance of Corporate attorneys Michael Soumas of the Tel Aviv office, and Maryana Curciof in Florida.

In a separate capital raising, Greenberg Traurig also advised Israel-headquartered Steakholder Foods on its USD6 million Registered Direct Offering. This matter was led by GT Tel Aviv Shareholders Gary Emmanuel and

David Huberman, together with GT NY Shareholder Eyal Peled, with the assistance of Tel Aviv attorneys Igal Rojzman and Michael Soumas.

Steakholder Foods is an international deep-tech food company at the forefront of the cultured meat revolution.

GT – Greenberg Traurig P.A.