Company: TSEM
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001178913-25-001537
Chunk: 231

Company: TOWER SEMICONDUCTOR LTD
Filing Date: 2025-04-30
Form: 20-F
Item: Item 8
Chunk 231
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 future growth and acquisition
strategy, as well as our capacity growth plans, future operations and earnings, capital requirements and surplus, general financial condition,
contractual and legal restrictions, the trading price of our ordinary shares and other factors that our directors may deem relevant. The
Companies Law and regulations thereunder impose conditions on our ability to declare and pay dividends and/or execute share repurchases.
See Exhibit 2.1 to this annual report “ Description of Securities - Dividend and Liquidation Rights” for additional information.
Payment of dividends and share repurchases may also be subject to Israeli withholding taxes. See “ Item 10. Additional Information - E.
Taxation - Israeli Taxation” for additional information.

65

B. SIGNIFICANT CHANGES

No significant change has occurred since December 31, 2024, except
as disclosed in this annual report.

ITEM
9. THE OFFER AND LISTING

Our ordinary shares are listed and traded on the NASDAQ Stock Market
(on the NASDAQ Global Market through March 16, 2012, on the NASDAQ Capital Market from March 17, 2012 through September 6, 2012, and on
the NASDAQ Global Select Market since that date) and on the TASE under the symbol “ TSEM”.

ITEM
10. ADDITIONAL INFORMATION

A. SHARE CAPITAL