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Item 1. Legal Proceedings

2021-08-12 compared with 2021-05-13 · 20 added, 21 removed, 4 unchanged (91% of the section changed)

LEGAL PROCEEDINGS

are currently not involved in any litigation that we believe could have a material adverse effect on our financial condition or

results of operations, except as set forth below.

There is no action, suit, proceeding, inquiry or investigation before or by

any court, public board, government agency, self-regulatory organization or body pending or, to the knowledge of the executive

officers of the Company, threatened against or affecting the Company, our Common Stock, our officers or directors in their capacities

as such, in which an adverse decision could have a material adverse effect, other than as set forth below.

June 2017, a lawsuit was filed with the Regional Labor Court in Tel Aviv (the “Tel Aviv Court”) against Emerald Israel,

and other defendants, claiming certain damages in the total amount of approximately $225,000, under the assertion of wrongful

termination by Emerald Israel.

We believe these claims to be unsubstantiated and wholly without merit and accordingly filed our

response with the Tel Aviv Court in October of 2017.

The dispute was initially heard by the Tel Aviv Court on February 13, 2020.

In a supplemental hearing on February 11, 2021, the plaintiff provided a certified confirmation of payment of approximately $14,668

by the National Insurance Institute of Israel for one month’s prior notice of termination, redemption of 16.8 days of vacation

and severance pay.

The plaintiff’s summaries were filed on March 11, 2021, and the defendant’s summaries will be filed

until May 20, 2021.

have been no material changes from the information set forth in “Item 1A.

Risk Factors”

in the Form 10-K filed with

the SEC on March 16, 2021

are currently not involved in any litigation that we believe could have a material adverse effect on our financial condition or results

of operations, except as set forth below.

There is no action, suit, proceeding, inquiry or investigation before or by any court, public

board, government agency, self-regulatory organization or body pending or, to the knowledge of the executive officers of the Company,

threatened against or affecting the Company, our common stock, our officers or directors in their capacities as such, in which an adverse

decision could have a material adverse effect, other than as set forth below.

June 2017, a lawsuit was filed with the Regional Labor Court in Tel Aviv (the “Tel Aviv Court”) against Emerald Israel, and

other defendants, claiming certain damages in the total amount of approximately $225,000, under the assertion of wrongful termination

by Emerald Israel.

We filed our response with the Tel Aviv Court in October of 2017.

The dispute was initially heard by the Tel

Aviv Court on February 13, 2020.

In a supplemental hearing on February 11, 2021, the plaintiff provided a certified confirmation of payment

of approximately $14,668 by the National Insurance Institute of Israel for one month’s prior notice of termination, redemption

of 16.8 days of vacation and severance pay.

On June 3, 2021, and after the plaintiff and the defendants filed their summaries, the lawsuit

against Emerald Israel was dismissed.

have been no material changes from the information set forth in “Item 1A.

Risk Factors” in the Form 10-K filed with the SEC

on March 16, 2021 .

UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

2 unchanged sentences

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-Q

Item 1. Legal Proceedings