Tel Aviv listed ZOOZ Power Ltd., a company driving solutions for the electric vehicles (“EV”) charging infrastructure market, has entered into a business combination agreement (de-SPAC) with Keyarch Acquisition Corporation (Nasdaq: KYCH), a Cayman Islands exempted company.

Upon completion, ZOOZ will become dual-listed on the Nasdaq and on the Tel Aviv Stock Exchange.

ZOOZ is committed to accelerating the EV revolution and supporting the mass adoption of EVs around the world, through the widespread deployment of ultra-fast charging infrastructure.

Goldfarb Gross Seligman represented Keyarch Acquisition Corporation, a SPAC, with the transaction led by partners Perry Wildes and Lev Gaft, associate Sherine Badarnah of the International and Hi-Tech Department, partner Adva Bitan and associate Ami Goldberg of the Capital Markets and Corporate Department, partner Ella Tevet and associate Tomer Levy of the IP and Privacy Department, and partner Shay Fahima and associate Lidor Almasy of the Tax Department.