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 December 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 December 21, 2023, Medigus
Ltd. issued a press release titled: “Medigus: ParaZero Successfully Completed its Drone Safety Project with a Fortune 500 Leading
Automotive Manufacturer.” 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: December 21, 2023 |
By: |
/s/ Tali Dinar |
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Tali Dinar |
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Chief Financial Officer |
Exhibit 99.1
Medigus:
ParaZero Successfully Completed its Drone Safety Project with a Fortune 500 Leading Automotive Manufacturer
ParaZero is furthering its collaboration with
the same esteemed customer, having recently secured an additional order
Tel Aviv, Israel, Dec. 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 on December 20, 2023, 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),
announced the successful completion of its safety solution development for a Fortune 500 leading global automotive manufacturer’s
(“the Customer”) proprietary drone program. In line with the project’s completion, ParaZero has received full payment
for the development of a first of its kind development custom variant of its innovative SafeAir™ drone safety system.
This project involved development and testing
of a custom groundbreaking ParaZero SafeAir™ system designed to meet challenging requirements and specifications to meet the Fortune
500 automotive manufacturer’s proprietary aircraft from the design stage, ensuring optimized and seamless integration, at unique flight
envelope and characteristics. The successful completion of this project reinforces ParaZero’s reputation as a provider of advanced
safety solutions across various aerial platforms, including multirotor, single rotor, fixed-wing, VTOL, manned and unmanned, and urban
air mobility vehicles, and its abilities to develop custom product variants to meet unique requirements and standards per the Fortune
500 automotive and UAS manufacturer.
In addition to this achievement, ParaZero received
its second purchase order from the Customer a few months ago. This ongoing project further strengthens ParaZero’s position as a leader
in the aerospace industry, particularly in the development and integration of drone safety systems.
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 describing ParaZero’s abilities to develop custom product variants to meet unique requirements and standards.
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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