1 unchanged sentence
are currently not involved in any litigation that we believe could have a material adverse effect on our financial condition or results
−Removed: of operations, except as set forth below.
−Removed: March 27, 2025, the was filed with the District Court of Tel Aviv-Jaffa (the “Court”) for a court order to commence insolvency
−Removed: proceedings under the Insolvency and Economic Rehabilitation Law, 5778 – 2018 against Gix Media.
−Removed: The Petition was filed by a primary
−Removed: Service Provider of Gix Media claiming that Gix Media owes it approximately $260,000 (excluding linkage differentials and interest) and
−Removed: that Gix Media is unable to repay its debts to the Service Provider.
−Removed: On July 16, 2025, the Court approved a settlement agreement entered
−Removed: into between Gix Media, the Service Providers with respect to the debts owed by Gix Media to the Service Providers.
−Removed: In connection with
−Removed: the settlement agreement, the Company agreed to provide a guarantee for the debts owed by Gix Media to the Service Providers.
−Removed: 22, 2025, pursuant to the terms of the settlement agreement, Gix Media paid approximately $1.13 million to the Service Providers as payment
−Removed: in full of the debts owed to the Service Providers.
−Removed: As a result of such payment in full by Gix Media to the Service Providers, the Petition
−Removed: was dismissed.
−Removed: is no other action, suit, proceeding, inquiry or investigation before or by any court, public board, government agency, self-regulatory
−Removed: organization or body pending or, to the knowledge of the executive officers of the Company, threatened against or affecting the Company,
−Removed: our common stock, our officers or directors in their capacities as such, in which an adverse decision could have a material adverse effect.
+Added: of operations.
+Added: There is no action, suit, proceeding, inquiry or investigation before or by any court, public board, government agency,
+Added: self-regulatory organization or body pending or, to the knowledge of the executive officers of the Company, threatened against or affecting
+Added: the Company, our common stock, our officers or directors in their capacities as such, in which an adverse decision could have a material
+Added: adverse effect.
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.