Company: SATT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001683168-25-002119
Chunk: 500

Company: SATIVUS TECH CORP.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 6
Chunk 500
---
2021, the Company issued a consultant 29,167 shares in respect of exercised options. The consultant exercised 50,000 options in a cashless exercise mechanism.

    8.
    On October 25, 2021, the Company issued a consultant 40,000 shares in respect of 40,000 exercised options.

    9.
    On December 30, 2022, the Company issued 21,186 shares in respect of an investor’s converted SAFE agreement in Saffron Tech.

    c.
    Warrants:

A summary of warrant activity during
the years ended December 31, 2024, 2023 is as follows:

     Schedule of warrant activity 

    Number  
    Average exercise price 
  
    Warrants outstanding at January 1, 2023 
     119,000  
    $5.88 
  
    Granted 
     –  
     – 
  
    Warrants outstanding at December 31, 2023 
     119,000  
    $5.88 
  
    Expired 
     (44,000) 
     12.5 
  
    Warrants outstanding at December 31, 2024 
     75,000  
    $2 

     F-23 

SATIVUS TECH CORP.

NOTES TO FINANCIAL STATEMENTS

U.S. dollars in thousands, except per share
data

    NOTE 5:-
    SHAREHOLDERS’ EQUITY (Cont.)

The following warrants are outstanding
as of December 31, 2024:

     Schedule of warrants outstanding 

    Issuance date 
    Warrants outstanding  
    Exercise price per warrant  
    Warrants outstanding and exercisable  
    Expiry date
  
    August
    7, 2020 
     50,000  
    $2.00  
     50,000  
    August
    7, 2025
  
    August 11, 2020 
     25,000  
    $2.00  
     25,000  
    August 11, 2025

     75,000  
        
     75,000  

The following warrants are outstanding
as of December 31, 2023:

    Schedule of warrants outstanding 

    Issuance date 
    Warrants outstanding