Company: SATT
Filing Date: 2025-08-15
Form Type: 10-Q
Source: 0001683168-25-006219
Chunk: 23

Company: SATIVUS TECH CORP.
Filing Date: 2025-08-15
Form: 10-Q
Item: Item 1
Chunk 23
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, including product and technology developments, future
financial conditions, results or projections or current expectations These forward-looking statements involve known or unknown
risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to be
materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. In
some cases, you can identify forward-looking statements by terminology such as “may,” “should,”
“potential,” “continue,” “expects,” “anticipates,” “intends,”
“plans,” “believes,” “estimates,” and similar expressions. These statements are based on our
current beliefs, expectations, and assumptions and are subject to a number of risks and uncertainties. Although we believe that the
expectations reflected-in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity,
performance or achievements. Our actual results may differ materially from those anticipated in these forward-looking statements.
These forward-looking statements are made as of the date of this report, and we assume no obligation to update these forward-looking
statements whether as a result of new information, future events, or otherwise, other than as required by law. In light of these
assumptions, risks, and uncertainties, the forward-looking events discussed in this report might not occur and actual results and
events may vary significantly from those discussed in the forward-looking statements. Further information on potential factors that
could affect our business is described under the heading “Risk Factors” in Part I, Item 1A, of our Annual Report on
Form 10-K for the fiscal year ended December 31, 2024. Readers are also urged to carefully review and consider the
various disclosures we have made in that report.

When used in this quarterly report, the terms
“Sativus,” “the Company,” “we,” “our,” and “us” refer to SATIVUS TECH CORP.,
a Delaware corporation, unless otherwise indicated or as otherwise required by the context.

Company Overview

SATIVUS TECH CORP. (formerly SEEDO CORP.) (the
“Company”, “Our” or “We”) was formed on January 16, 2015, under the laws of the State of Delaware.
Prior to July 2020, we were involved in producing a plant growing device managed and controlled by an artificial intelligent algorithm,
allowing consumers to grow their own herbs and vegetables effortlessly from seed to plant, while providing optimal conditions to assure