What changed in this filing

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Item 3. Legal Proceedings

2022-03-07 compared with 2021-03-30 · 21 added, 24 removed, 6 unchanged (88% of the section changed)

Legal Proceedings.

On February 14, 2018,

a complaint was filed against the:

On February 14, 2018, a complaint

was filed against the:

(i) Duke, (ii) Duke Israel, (iii) Aphek Trading Kadosh and Razi Ltd.

(“Aphek”) an

Israeli corporation owned by Raziel Atuar and Amir Kadosh, and (iv) Mr.

Sagiv Aharon, currently, Duke’s CTO and Director

by Blackhawk Laboratories (the “Plaintiff”), a U.S.

(“Aphek”) an Israeli corporation

owned by Raziel Atuar and Amir Kadosh, and (iv) Mr.

Sagiv Aharon, currently, Duke’s CTO and Director by Blackhawk Laboratories (the

“Plaintiff”), a U.S.

based company, in the Central District of Israel (Case No.

31727-02-18).

Following a procedural agreement between the Plaintiff and defendants, the complaint was transferred to the District Court in Tel

complaint asserts a claim for breach of contract, breach of duty, negligence and unjust enrichment with regards to a services

agreement dated June 13, 2014, between the Plaintiff and Duke Israel.

The complaint asserts that Duke Israel agreed to pay for

certain services alleged to have been performed by the Plaintiff and that the Plaintiff was entitled to receive 8% of the issued

and outstanding shares of common stock of Duke Israel over a 12 month period from June 2014 to June 2015.

Plaintiff’s complaint seeks an order requiring either Duke Israel to issue to the Plaintiff 8% of its issued and outstanding

shares of our common stock;

or alternatively for Duke to issue to the plaintiff 4.8% of its issued and outstanding shares of our

common stock;

or alternatively for Aphek and Mr.

Following a procedural agreement

between the Plaintiff and defendants, the complaint was transferred to the District Court in Tel Aviv.

The complaint asserts a claim

for breach of contract, breach of duty, negligence and unjust enrichment with regards to a services agreement dated June 13, 2014, between

the Plaintiff and Duke Israel.

The complaint asserts that Duke Israel agreed to pay for certain services alleged to have been performed

by the Plaintiff and that the Plaintiff was entitled to receive 8% of the issued and outstanding shares of common stock of Duke Israel

over a 12 month period from June 2014 to June 2015.

The Plaintiff’s complaint

seeks an order requiring either Duke Israel to issue to the Plaintiff 8% of its issued and outstanding shares of our common stock;

alternatively for Duke to issue to the plaintiff 4.8% of its issued and outstanding shares of our common stock;

or alternatively for Aphek

Aharon Sagiv to transfer 8% of their shareholdings in Duke to the Plaintiff.

defendants believe the Plaintiff’s complaint has no merit and they intend to vigorously defend the lawsuit.

does not believe the lawsuit will have a material effect on the Company as Mr.

Raziel Atuar, Mr.

Amir Kadosh and Mr.

have agreed to indemnify the Company and Duke Israel for any losses to the Company and Duke Israel as a result thereof, including,

but not limited to monetary damages and be responsible for the issuance of any shares of common stock of Duke Israel or Duke in

the event the Plaintiff is successful in its lawsuit.

On June 21, 2021, the aforementioned

complaint and resulting litigation was settled by relevant parties in its entirety, with no liability being incurred by Company or Duke.

Mine Safety Disclosures

Not applicable.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 3. Legal Proceedings