Summary by Moomoo AI
ParaZero Technologies Ltd., an Israeli company, filed a Form S-8 registration statement with the U.S. Securities and Exchange Commission (SEC) on March 27, 2024. The filing pertains to the ParaZero Technologies Ltd. Global Share Incentive Plan (2022), which is designed to offer shares to employees as part of their compensation. The registration statement incorporates by reference the company's Annual Report on Form 20-F for the year ended December 31, 2023, and several reports on Form 6-K that detail the company's recent activities and financial performance. ParaZero Technologies, which falls under the non-accelerated filer and emerging growth company categories, has also entered into indemnification agreements with its directors and senior management to cover certain liabilities and expenses in accordance with Israeli law. The company's amended and restated articles of association allow for the fullest extent of indemnification permitted by law. The registration statement includes undertakings by the company to update the registration with any material changes and to file post-effective amendments as necessary.