3 unchanged sentences
harm our business.
−Removed: July 2024, we were served with a legal complaint filed by Shimon Shukron in the Magistrate’s Court in Herzliya for a monetary award
−Removed: in an amount of NIS 1,895,345 (approximately $510,000).
−Removed: The plaintiff alleges that due to the fire that broke out at Orgad’s warehouse
−Removed: in January 2023, the fire spread to the plaintiff’s business and caused heavy damage to the structure and contents, inventory of
−Removed: the business and loss of profits.
−Removed: We filed our statement of defense in September 2024.
−Removed: At this preliminary stage, the plaintiff did not
−Removed: provide sufficient documents to support his claims regarding the extent of the alleged damage.
−Removed: Based on the Company’s legal advisors,
−Removed: we evaluate the chances of the claim to succeed for only a nominal sum of NIS 175,000 (approximately $53,000), at this stage.
+Added: July 2024, the Company was served with a legal complaint filed by Shimon Shukron in the Magistrate’s Court in Herzliya (the “Court”)
+Added: for a monetary award in an amount of NIS 1,895,345 (approximately $510).
+Added: The plaintiff alleges that due to the fire that broke out at
+Added: Orgad’s warehouse in January 2023, the fire spread to the plaintiff’s business and caused heavy damage to the structure and
+Added: contents, inventory of the business and loss of profits.
+Added: The Company filed its statement of defense in September 2024.
+Added: At this preliminary
+Added: stage, the plaintiff did not provide sufficient documents to support his claims regarding the extent of the alleged damage.
+Added: In June 2025,
+Added: the Court appointed a third party appraiser to assess the damages.
+Added: The Company evaluates the claim at a sum of NIS 325,000 (approximately
+Added: $102), at this stage add and is recorded under current liabilities in the consolidated balance sheet.
+Added: Risk Factors.
+Added: There have been no material
+Added: changes to our risk factors from those disclosed in “Part I.
+Added: Risk Factors” in the Company’s Annual Report
+Added: on Form 10-K filed with the SEC on April 15, 2026.
+Added: Unregistered Sales of Equity Securities and Use of Proceeds.
+Added: Defaults Upon Senior Securities.
+Added: Mine Safety Disclosures.
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.