Company: SATT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001683168-25-002119
Chunk: 611

Company: SATIVUS TECH CORP.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 7A
Chunk 611
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 or pension plan.

Director Compensation

Our directors will not receive a fee for attending
each board of directors meeting or meeting of a committee of the board of directors. All directors will be reimbursed for their reasonable
out-of-pocket expenses incurred in connection with attending board of director and committee meetings.

 17 

Item 12. Security Ownership of Certain Beneficial
Owners and Management and Related Stockholder Matters.

As of December 31, 2024, we had 4,215,571 shares
of common stock outstanding which was held by 87 shareholders. The chart below sets forth the ownership, or claimed ownership, of certain
individuals and entities. This chart discloses those persons known by the board of directors to have, or claim to have, beneficial ownership
of more than 5% of the outstanding shares of our common stock as of December 31, 2024; of all directors and executive officers of SATIVUS
TECH CORP; and of our directors and officers as a group.

    Name
     
    Number of
Shares (1)

    %
    Ownership

    Shmuel Yannay (2)

    157,642

    3.74%

    Uri Ben-Or

    –

    –

    Tal Wilk-Glazer

    –

    –

    Abraham Stern

    7,500

    0.18%

    All officers and directors

    165,142

    3.92%

    Nir Margalit

    352,175

    8.35%

    (1)
    The percent of common stock owned is calculated using the sum of the number of shares of common stock owned divided by the total number of common stock outstanding as of December 31, 2024.

    (2)
    The Company has an
    outstanding convertible loan from Mr. Shmuel Yannay of $123. (principal 100K)

Item 13. Certain Relationships and Related
Transactions, and Director Independence.

The Company has no business relations or activity
with any affiliates.

Item 14. Principal Accounting Fees and Services.

The following table indicates the fees paid by
us for services performed for the:

    Year Ended December 31, 2024  
    Year Ended December 31, 2023 
  
    Auditing fees 
    $32,000  
    $31,000 

    Total 
    $32,000  
    $31,000