Regulatory Filings • Apr 24, 2025
Regulatory Filings
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Immediate report � Receipt of Order from Customer in the Defense Sector. false
| ����� ����� ��"� | 1 818 |
| HIPER GLOBAL LTD | |
| Corporation no: 516476835 | 15106 |
| - - - | |
| Israel Securities Authority | Tel Aviv Stock Exchange | �150 ( Public ) | Reported via MAGNA: | 24/04/2025 | ||||||
| www.isa.gov.il | www.tase.co.il | Reference: | 2025-01-029088 | Time of broadcast: 11:10 11:10 |
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: _________ _________ _________
This is an English translation of a Hebrew immediate report that was published on April 20, 2025 (Reference No.: 2025-01-027817) (hereafter: the �Hebrew Version�). This English version is voluntary and only for convenience purposes. This is not an official translation and has no binding force. The translation in any case cannot perfectly reflect the Hebrew Version. In the event of any discrepancy between the Hebrew Version and this translation, the Hebrew Version shall prevail. Immediate report � Receipt of Order from Customer in the Defense Sector The Company is pleased to announce that on April 9, 2025, the Company and its subsidiaries (hereinafter: "the Group") received a binding order from a new customer in the defense sector (hereinafter: "the Customer") which is initially expected to amount to over 11 million US dollars. The order received is for the supply of tactical computing systems that will be developed by the Company according to the Customer's specific requirements (hereinafter: the "Product"). The development and delivery process of the Product is expected to span approximately five quarters, in accordance with milestones agreed upon with the Customer. Upon delivery, the revenues will be reflected in the reporting under the Israel segment of the Group. In the Company's assessment, this engagement may significantly expand following the completion of the development process and the delivery of the systems according to the agreed timelines. As part of the anticipated follow-on engagements, if finalized, additional systems will be supplied and new developments will be incorporated. The detailed information above regarding the estimated total consideration, the duration of the product development and delivery process to the customer, and the company's assessment regarding the opportunity for continuation and expansion of the engagement or additional engagements constitutes forward-looking information, as defined in the Israeli Securities Law, 1968. This information is based on the company's assumptions, estimates, and data available to it as of the date hereof. Such information may not materialize, or may materialize differently than expected, due to factors beyond the company's control, including risk factors detailed in Section 28 of Part A of the periodic report for the year 2024, published on March 16, 2025 (Reference No.: 2025-01-017101) (this information is incorporated herein by reference).
| Attached hereto is a report on | Immediate report � Receipt of Order from Customer in the Defense Sector. |
_________
| Reference to parallel Hebrew report: | 2025-01-027817 | |
| 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 | Yossef Yaniv | CFO _________ |
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 .2 2
| References of previous documents relating to this matter(the reference does not constitute incorporation by reference): | |
| - - - | |
| Stock Exchange/Market: ����� | Date of revision of form structure: 06/08/2024 |
| Address: ������ 10 , ��� ����, ���� ��� 4809118 , Tel: 03-9109105 , Fax: 03-9109106 | |
| E-mail address: [email protected] Company site: https://www.hiper-global.com | |
| Previous names of reporting entity: | |
| Name of the Signatory: ����� ���� Position of Signatory in the reporting corporation: Name of Employer Company: ����, �����, ����, ����' ����� ��� | |
| Address: ���� 5 , �� ���� 6789717 Telephone: 03-6235000 Facsimile: 03-6235005 E-mail: [email protected] 1 | |
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