UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO
RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of August 2023
Commission File Number 001-37381
MEDIGUS LTD.
(Translation of registrant’s name into English)
10 HaNechoshet Street Tel-Aviv, 6971072, Israel
(Address of principal
executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
Form 20-F ☒ Form
40-F ☐
EXPLANATORY NOTE
On August 21, 2023, Medigus
Ltd. issued a press release titled: “Medigus: ParaZero Signs New Development Agreement with Latin American Drone Manufacturer Black
Square.” A copy of this press release is furnished herewith as Exhibit 99.1
EXHIBIT INDEX
SIGNATURE
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
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MEDIGUS LTD. |
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Date: August 21, 2023 |
By: |
/s/ Tali Dinar |
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Tali Dinar |
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Chief Financial Officer |
3
Exhibit 99.1
Medigus:
ParaZero Signs New Development Agreement with Latin American Drone Manufacturer Black Square
Tel Aviv, Israel, Aug. 21, 2023 (GLOBE NEWSWIRE) -- Medigus
Ltd. (Nasdaq: MDGS), a technology company engaged in electric vehicle charging solutions, advanced medical solutions, and innovative internet
technologies, today announced that ParaZero Technologies Ltd. (PRZO) (“ParaZero”), an aerospace company focused on drone safety
systems for commercial drones and urban air mobility aircraft, (33.36% owned by Medigus), has announced its further expansion into
the Latin American drone market with a new development agreement with Colombia-based drone OEM, Black Square, an industrial drone producer
leader in the region that focuses on enterprise drone platforms.
Black Square’s decision to integrate ParaZero’s patented parachute
technology underscores the importance of safety in advanced drone operations.
Black Square CEO, Juan Manuel Gonzalez, stated: “Adding rescue
systems to our Hercules X4 and Hercules X8 heavy lift drone’s family was a necessary step to enhance our platform safety as well
as expand the case uses for our platforms and customers. To guarantee the success of this move, we know for sure that we have to do it
hand by hand with the best. For that reason, we choose ParaZero to join us in this journey.”
“Latin America represents a growing market for commercial drone
applications, and our collaboration with Black Square solidifies our commitment to promoting safety across the commercial drone and urban
air mobility ecosystem in the region,” said Boaz Shetzer, Chief Executive Officer of ParaZero. “Having recently facilitated
groundbreaking operational approvals in Latin America with our technology, we’re eager to further our presence and deepen our ties in
Latin America, and we look forward to our new partnership with the very talented team at Black Square.”
ParaZero’s SafeAir system offers a holistic safety approach for
drone operations. By constantly monitoring and analyzing the aircraft’s flight patterns, it ensures that any indication of critical
failure triggers the autonomous deployment of a ballistic parachute. This ensures a safe, controlled descent, drastically minimizing ground
risk and potential for damage or injury in the event of an in-flight emergency.
Equipped with ParaZero’s patented parachute technology, organizations
and operators around the world have received regulatory approvals for advanced operations, including autonomous flight beyond visual line
of sight (BVLOS), operations over people (OOP), operations in densely populated areas, and drone delivery, by providing a robust safety
solution to mitigate ground risk in the event of an emergency.
About ParaZero Technologies
ParaZero ( https://parazero.com/ ) is a world-leading developer
of autonomous parachute safety systems for commercial drone and urban air mobility (UAM) aircraft. Started in 2014 by a passionate group
of aviation professionals and drone industry veterans, ParaZero designs smart, autonomous parachute safety systems designed to enable
safe flight operations overpopulated areas and beyond-visual-line-of-sight (BVLOS).
About Medigus
Based in Israel, Medigus Ltd. (Nasdaq: MDGS) is a technologies company
that is focused on innovative growth partnerships, mainly in advanced medical solutions, digital commerce, and electric vehicle markets.
Medigus’ affiliations in the medical solutions arena consist of ownership in Polyrizon Ltd. The Company’s affiliates in digital
commerce include Gix Internet Ltd., Jeffs’ Brands Ltd. and Eventer Technologies Ltd. In the electric vehicle market, Charging Robotics
Ltd. and Revoltz, by way of Fuel Doctor Holdings, Inc., are also part of the Company’s portfolio of technology solution providers.
Medigus is traded on the Nasdaq Capital Market. To learn more about Medigus’ advanced technologies, please visit http://www.medigus.com/.
Forward Looking Statements
This press release contains forward-looking statements within the meaning
of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws.
Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,”
“estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. Because
such statements deal with future events and are based on Medigus’ current expectations, they are subject to various risks and uncertainties,
and actual results, performance or achievements of Medigus could differ materially from those described in or implied by the statements
in this press release. For example, Medigus uses forward looking statements when it discusses Parazero’s development agreement
with Black Square and further expansion into Latin America.
The forward-looking statements contained or implied in this press release
are subject to other risks and uncertainties, including those discussed in any filings with the SEC. Except as otherwise required by law,
Medigus undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances
after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience,
and the information contained on such websites is not incorporated by reference into this press release. Medigus is not responsible for
the contents of third-party websites.
Company Contact
Tali Dinar
Chief Financial Officer
+972-8-6466-880
ir@medigus.com
Investor Relations Contact:
Michal Efraty
Investor Relations, Israel
+972-(0)52-3044404
michal@efraty.com
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