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TAR - Expiration of Letter of Intent signed by a fully owned subsidiary of the Company to purchase a New York corporation, and no binding agreement will be signed, continued from 19.1.22

Company: Group 107 Ltd. Date: 2022-05-15 Language: English Register to download

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Following the immediate report of the company dated January 19, 2022 (Ref. no. 2022-01-008370) (is included as reference), regarding execution of The Central Company for Innovation and Encouragement High-Tech Ltd. (�Central Company�), a fully owned subsidiary of the Company, a non-binding Letter of Intent (the �LOI�) for the purchase of a New York corporation, the Company is hereby announces that following the completion of the due diligence, the negotiations towards a definitive agreement have failed and the LOI has expired. false

|     |     |
| --- | --- |
| ���� 107 ��"� | 1 818 |
| GROUP 107 LTD |
| Corporation no: 516199445 | 13711 |
| - - - |
|     |

|     |     |     |     |     |     |     |     |     |     |     |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|     | Israel Securities Authority |     |     | Tel Aviv Stock Exchange |     | �150 ( Public ) |     | Reported via MAGNA: | 15/05/2022 |     |
|     | www.isa.gov.il |     |     | www.tase.co.il |     |     |     | Reference: | 2022-01-058078 | Time of broadcast: 10:06 09:52:17 |

- - -

English language report to Israeli corporateThis form is for reports that has been translated to English (convenience translation) and should be published alongside with the report in Hebrew in accordance with the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970.  

  

References of previous reports relating to this matter:   *\_\_\_\_\_\_\_\_\_*   *\_\_\_\_\_\_\_\_\_*   *\_\_\_\_\_\_\_\_\_*  

*Expiration of Letter of Intent signed by a fully owned subsidiary of the Company to purchase a New York corporation, and no binding agreement will be signed, continued from 19.1.22*  

  

|     |     |
| --- | --- |
| Attached hereto is a report on | *Following the immediate report of the company dated January 19, 2022 (Ref. no. 2022-01-008370) (is included as reference), regarding execution of The Central Company for Innovation and Encouragement High-Tech Ltd. (�Central Company�), a fully owned subsidiary of the Company, a non-binding Letter of Intent (the �LOI�) for the purchase of a New York corporation, the Company is hereby announces that following the completion of the due diligence, the negotiations towards a definitive agreement have failed and the LOI has expired.* |

\_\_\_\_\_\_\_\_\_  

|     |     |     |
| --- | --- | --- |
|     | Reference to parallel Hebrew report: | 2022-01-058021 |
|     | This report was not reported in Hebrew. |     |

  

  

Details of the authorized signatories to sign on behalf of the corporation:

|     | Name of the signer | Corporate Role |
| --- | --- | --- |
| 1   | Adi Katz | *Other*  <br><br>*CEO and Director* |

Note: According to Rule 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted under these Regulations will be signed by the authorized persons to sign on behalf of the corporation. For the ISA staff notice [Click here .](http://www.isa.gov.il/Download/IsaFile_6588.pdf)2 2

|     |     |
| --- | --- |
|     |     |
| References of previous documents relating to this matter(the reference does not constitute incorporation by reference): |     |
|     |     |
|     |     |
| - - - |     |
| Stock Exchange/Market: ���� 107 | Date of revision of form structure: 27/04/2022 |
| Address: ����� ������� 33 , �� ���� - ��� 6688302   , Tel: 03-7208200 , Fax: 03-7207953 |     |
| E-mail address: contact@group107.com   Company site: https://group107.com/ |     |
|     |     |
| Previous names of reporting entity: |     |
|     |     |
| Name of the Signatory: �� ��� Position of Signatory in the reporting corporation: Name of Employer Company: |     |
| Address: ����� ������� 33 , �� ���� - ��� 6688302 Telephone: 03-7208200 Facsimile: 03-7207953 E-mail: contact@group107.com 1 |     |
|     |

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