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Innoviz Technologies Ltd. 6-K Report: $80M Boost in Financial Position

$INVZ
Form 6-K
Filed on: 2024-12-23
Source
Innoviz Technologies Ltd. 6-K Report: $80M Boost in Financial Position

Here are the key insights extracted from the provided financial report section:

  1. Document Type and Filing:
  • The document is a Form 6-K filed with the SEC, indicating it is a report from a foreign private issuer.
  • Filing Date: December 23, 2024.
  1. Company Information:
  • Name: Innoviz Technologies Ltd.
  • Principal Executive Office Address: Innoviz Technologies Campus, 5 Uri Ariav Street, Bldg. C, Nitzba 300, Rosh HaAin, Israel.
  1. Commission File Number:
  • 001-40310.
  1. Annual Reports:
  • The registrant indicates that it files annual reports under Form 20-F.
  1. Press Release Highlight:
  • A press release is included in the filing, dated December 23, 2024.
  • Title of Press Release: "Innoviz Bolsters Financial Position with Approx. $80M through Multi-Year NRE Payment Plan with Key Customers."
  • This suggests a significant financial development for Innoviz Technologies, potentially improving its cash flow and business stability.
  1. Signatures:
  • The report is signed by Eldar Cegla, who is the Chief Financial Officer of Innoviz Technologies Ltd., indicating the authenticity and approval of the report.

These points provide a summary of Innoviz Technologies Ltd.'s recent financial disclosures and the context for its current business status, especially regarding a notable financial arrangement with key customers.