Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

v3.23.2
Subsequent Events
 6 Months Ended
Jun. 30, 2023
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 15 - SUBSEQUENT EVENTS:

 

a. The Company evaluates events or transactions that occur after the balance sheet date but prior to the issuance of the condensed consolidated financial statements to identify matters that require additional disclosure. For its condensed consolidated financial statements as of June 30, 2023, and for the three and six months then ended, the Company evaluated subsequent events through August 24, 2023, the date that the condensed consolidated financial statements were issued. The Company has concluded that no subsequent event has occurred that require disclosure other than the below.

 

b. During July and August, 2023, the Holder of the private placement (see note 11d) decided to exercise 754,670 of the pre-funded warrant. The total exercise price in the amount of $75.5 will be paid in cash.