Company: BLRX
Filing Date: 2025-01-07
Form Type: 424B5
Source: 0001178913-25-000045
Chunk: 39

Company: BioLineRx Ltd.
Filing Date: 2025-01-07
Form: 424B5
Chunk 39
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 been informed by our legal counsel in Israel, FISCHER (FBC & Co.), that it may be difficult to initiate an action with respect to U.S. securities laws in Israel. Israeli courts may refuse to hear a claim based on an alleged violation of U.S. securities laws on the basis that Israel is not the most appropriate forum in which to bring such a claim. In addition, even if an Israeli court agrees to hear a claim, it may determine that Israeli law and not U.S. law is applicable to the claim. There is little binding case law in Israel addressing these matters. If U.S. law is found to be applicable, the content of applicable U.S. law must be proved as a fact by expert witnesses which can be a time-consuming and costly process. Certain matters of procedure will also be governed by Israeli law. Subject to certain time limitations, legal procedures and exceptions, Israeli courts may enforce a U.S. judgment in a civil matter which is non-appealable, including a judgment based upon the civil liability provisions of the Securities Act and the Exchange Act and including a monetary or compensatory judgment in a non-civil matter, provided that, among other things:

| • | the judgment was rendered by a court which was, according to the laws of the state of the court, competent to render the judgment; |

| • | the obligation imposed by the judgment is enforceable according to the rules relating to the enforceability of judgments in Israel and the substance of the judgment is not contrary to public policy; and |

| • | the judgment is executory in the state in which it was given. |

Even if these conditions are met, an Israeli court may not declare a foreign civil judgment enforceable if:

| • | the judgment was given in a state whose laws do not provide for the enforcement of judgments of Israeli courts (subject to exceptional cases); |

| • | the enforcement of the judgment is likely to prejudice the sovereignty or security of the State of Israel; |

| • | the judgment was obtained by fraud; |

| • | the opportunity given to the defendant to bring its arguments and evidence before the court was not reasonable in the opinion of the Israeli court; |

| • | the judgment was rendered by a court not competent to render it according to the laws of private international law as they apply in Israel; |

| • | the judgment is contradictory to another judgment that was given in the same matter between the same parties and that is still valid; or |

| • | at the time the