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Elbit Imaging-M Ltd.

Foreign Filer Report Nov 13, 2018

6760_rns_2018-11-13_8ae1531d-d938-4cb0-8864-1aa2afffec0d.pdf

Foreign Filer Report

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of November, 2018

Commission File Number 000-28996

ELBIT IMAGING LTD.

(Translation of Registrant's Name into English)

5 SHIMSHON STREET, PETACH TIKVA, ISRAEL (Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____

EXHIBITS 99.1 AND 99.2 OF THIS REPORT ON FORM 6-K IS HEREBY INCORPORATED BY REFERENCE INTO ELBIT IMAGING LTD.'S REGISTRATION STATEMENT ON FORM F-1 (REGISTRATION STATEMENTS NO. 333-194519), REGISTRATION STATEMENT ON FORM F-3 (REGISTRATION STATEMENT NO. 333-172122) AND REGISTRATION STATEMENTS ON FORM S-8 (REGISTRATION STATEMENTS NOS. 333-117509, 333-130852, 333-136684 AND 333-152820), AND TO BE A PART THEREOF FROM THE DATE ON WHICH THIS REPORT IS SUBMITTED, TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED OR FURNISHED.

CONTENTS

This Report on Form 6-K of Elbit consists of the following documents, which is attached hereto and incorporated by reference herein:

  • 99.1. Press Release: Elbit Imaging Ltd. announces that the CMS has updated the reimbursement code for Insightec's MRgFUS treatments
  • 99.2 Summary of Insightec's financial reports (not reviewed) for the nine-month period ended on September 30, 2018

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: November 12, 2018 By: /s/ Ron Hadassi

ELBIT IMAGING LTD. (Registrant)

Ron Hadassi CEO and Chairman of the Board of Directors

2

ELBIT IMAGING LTD. ANNOUNCES THAT THE CMS HAS UPDATED THE REIMBURSMENT CODE FOR INSIGHTEC'S MRGFUS TREATMENTS

Tel Aviv, Israel, November 12, 2018, Elbit Imaging Ltd. (the "Company") (TASE, NASDAQ: EMITF) announced today, further to its press release dated December 14, 2017, that the Centers for Medicare and Medicaid Services (the "CMS") posted the final rule, updating the reimbursement levels for MRgFUS FDA approved indications. Effective Jan. 1, 2019, (MRgFUS in the treatment of essential tremor) will be reimbursed at USD\$12,500.50 for Medicare beneficiaries (if deemed medically appropriate). MRgFUS in the treatment of pain palliation of bone metastases will be reimbursed at USD \$10,936.00

Currently, MRgFUS for the treatment of essential tremor is covered by four of the Local Medicare Contractors. These include National Government Services (NGS) , Palmetto GBA, CGS Medicare and Wisconsin Physician Services (WPS), representing 25 States.

The Company holds approximately 75% of the share capital of Elbit Medical Technologies Ltd. (TASE: EMTC-M) (approximately 49% on a fully diluted basis) which, in turn, holds approximately 22% of the share capital in Insightec (approximately 18.5% on a fully diluted basis).

About Elbit Imaging Ltd.

Elbit Imaging Ltd. operates in the following principal fields of business: (i) Medical Industries through our indirect holdings in Insightec Ltd. and Gamida Cell Ltd.; (ii) Plots in India which are designated for sale (and which were initially designated for residential projects); (iii) Plots in Eastern Europe which are designated for sale (and which were initially designated for development of commercial centers).

For Further Information: Company Contact Ron Hadassi CEO and Chairman of the Board of Directors Tel: +972-3-608-6048 Fax: +972-3-608-6050 [email protected]

It is hereby clarified that this summary is published solely for the sake of caution and in light of the Company's intention to execute a Buy-Back plan of its (series I) notes.

INSIGHTEC LTD.

September 30,
2018
December 31,
2017
Thousands usd
Current assets 135,667 114,412
Fixed assets, net 4,356 3,230
Other long-term assets 283 172
Total Assets 140,306 117,814
Current liabilities 20,128 27,157
Long-term liabilities 1,919 926
Total Liabilities 22,047 28,083
Shareholders' equity 118,259 89,731
Total liabilities and shareholders' equity 140,306 117,814
Nine months ended
September 30,
Three months ended
September 30,
2018 2017 2018 2017
Thousands usd
Revenues 20,351 14,840 8,140 3,967
Cost of revenues (13,258) (9,933) (4,343) (3,073)
Research and development expenses (21,079) (18,004) (7,360) (6,143)
Sales and marketing expenses (12,942) (11,677) (4,331) (3,437)
General and administrative expenses (6,266) (3,674) (2,541) (803)
Financing income, net 1,601 76 439 70
Taxes on income (112) (280) 0 (85)
Loss for the period (31,705) (28,652) (9,996) (9,504)

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