Item 2. Properties
Item 2. Properties.
Our principal executive office
is currently located at 1 Etgar Street, Tirat-Carmel, Israel. In July 2018 and June 2019, Duke Israel executed two independent lease agreements
(the “2018 Lease” and the “2019 Lease”) to lease separate spaces at the address of our principal executive office.
The July 2018 Lease was in effect until June 30, 2020 and afterwards continues on a monthly basis, subject to a 60 days’ prior notice
of termination, while the June 2019 Lease is in effect for 12 months from the date thereof and includes two successive optional extension
periods of 12 months each. In addition, pursuant to an agreement entered into by Duke, we have the right to use office space and receive
other administrative services at a location in the State of Florida.
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