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Eco Wave Power's 6-K: Landmark MoU with BPCL to Unlock India's Wave Energy Potential

$WAVE
Form 6-K
Filed on: 2025-02-13
Source
Eco Wave Power's 6-K: Landmark MoU with BPCL to Unlock India's Wave Energy Potential

Key Information from Eco Wave Power Global AB's 6-K Report

  1. Company Overview:
  • Name: Eco Wave Power Global AB (publ)
  • Address: 52 Derech Menachem Begin St., Tel Aviv – Yafo, Israel, 6713701
  • Form Type: 6-K (Report of Foreign Private Issuer)
  1. Report Details:
  • Commission File Number: 001-40554
  • Reporting Period: For the month of February 2025 (Report No. 2)
  • Submission Date: February 13, 2025
  1. Significant Event:
  • The company issued a press release titled: “Eco Wave Power and Fortune 500 Giant Bharat Petroleum (BPCL) to Tap into India’s 40,000 MW Wave Energy Potential with Landmark MoU.”
  • This press release is attached as Exhibit 99.1.
  1. Forward-Looking Statements:
  • The first seven paragraphs of the press release and the section titled “Forward-Looking Statements” will be incorporated by reference into the Company’s Registration Statements on Form F-3.
  1. Exhibit Information:
  • Exhibit No.: 99.1
  • Content: Press release regarding the MoU with BPCL to explore wave energy potential in India.
  1. Signatures:
  • The report is signed by Aharon Yehuda, Chief Financial Officer, confirming the report's authenticity.
  • Date of Signature: February 13, 2025.

Insights:

  • The collaboration with Bharat Petroleum indicates a strategic move towards expanding Eco Wave Power's operations in India, targeting a significant renewable energy market.
  • The incorporation of the press release into formal registration statements suggests the company aims to leverage this partnership for future funding or investment opportunities.
  • The report maintains compliance with the SEC regulations, indicating the company's commitment to transparency and regulatory adherence.