# EDGAR Filing Document

**Accession Number:** 0001338940
**File Stem:** 0001178913-25-002262
**Filing Date:** 2025-6
**Character Count:** 24832
**Document Hash:** 811fcc7b549d849a2eb6f92183fc6fce
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001178913-25-002262.hdr.sgml**: 20250630

**ACCESSION NUMBER**: 0001178913-25-002262

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 4

**FILED AS OF DATE**: 20250630

**DATE AS OF CHANGE**: 20250630

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Perion Network Ltd.
- **CENTRAL INDEX KEY:** 0001338940
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROGRAMMING SERVICES [7371]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 000000000
- **STATE OF INCORPORATION:** L3
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-82070
- **FILM NUMBER:** 251091353

**BUSINESS ADDRESS:**
- **STREET 1:** 2 LEONARDO DA VINCI ST., 24TH FLOOR
- **CITY:** TEL AVIV
- **STATE:** L3
- **ZIP:** 6473309
- **BUSINESS PHONE:** 972-73-398-1000

**MAIL ADDRESS:**
- **STREET 1:** 2 LEONARDO DA VINCI ST., 24TH FLOOR
- **CITY:** TEL AVIV
- **STATE:** L3
- **ZIP:** 6473309

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Perion Networks Ltd.
- **DATE OF NAME CHANGE:** 20111108

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** IncrediMail Ltd.
- **DATE OF NAME CHANGE:** 20050916
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Value Base Ltd.
- **CENTRAL INDEX KEY:** 0001992355

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** L3
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** 23 YEHUDA HALEVI ST.
- **STREET 2:** 27TH FLOOR, DISCOUNT BANK TOWER
- **CITY:** TEL AVIV
- **STATE:** L3
- **ZIP:** 6513601
- **BUSINESS PHONE:** 972-3-622-3381

**MAIL ADDRESS:**
- **STREET 1:** 23 YEHUDA HALEVI ST.
- **STREET 2:** 27TH FLOOR, DISCOUNT BANK TOWER
- **CITY:** TEL AVIV
- **STATE:** L3
- **ZIP:** 6513601

## Ex-99

------

<u>**Exhibit 4**</u><br>

![](image00001.jpg)

<br> June 26, 2025 File No: 43512

---

| | | |
|:---|:---|:---|
| To:<br> **Perion Network Ltd.**<br> **Leonardo Da Vinci 2<br> Tel Aviv**<br>| <br> **Messrs. Eyal Kaplan (Chairman); Tal Jacobson; Michal Drayman; Amir Guy; Joy Marcus; Rami Schwartz; Michael Vorhaus; Members of the Board of Directors of Perion Networks Ltd.**<br> **Leonardo Da Vinci 2**<br> **<u>Tel Aviv</u>**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> **Via Electronic Mail**<br>|

---

Dear Sirs / Madam,

#### Re: A Demand to Convene a Shareholders' Meeting - <br> Perion Network Ltd. (the "Company")
On behalf of our clients, Phoenix Insurance Company Ltd., and Value Base Fund Limited Partnership and who hold 5.71% and 5.77%, respectively, of the Company's share capital and voting rights (and collectively 11.48% of the Company's share capital and voting rights), we hereby address you as follows:

&nbsp;&nbsp;&nbsp;&nbsp;1. This letter constitutes a request to convene an extraordinary meeting of the Company's shareholders, pursuant to Section 63(b)(2) of the Companies Law, 5759-1999,
 Regulation 7A of the Companies Regulations (Reliefs for Companies Whose Securities are Listed on a Stock Exchange Outside of Israel), 5760-2000, and Article 27 of the Company's Articles of Association.

&nbsp;&nbsp;&nbsp;&nbsp;2. The agenda for the meeting shall include the following items:

<br> A. Amending the Company's Articles of Association to include a new article that will state:

<br> i. The general meeting of the Company's shareholders shall have the authority – by a simple majority – to cancel a rights plan adopted by the Board of Directors; and

<br> ii. Any rights plan or similar plan to be adopted in the future by the Company's Board of Directors shall only become effective subject to approval of the general meeting of the Company's shareholders by a simple majority.

------

<br> B. Subject to the approval of item A on the agenda, cancellation of the Company's rights plan dated April 3, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;3. Accordingly, the Company must convene a shareholders' meeting immediately and without delay (and for the avoidance of doubt – without an additional 21-day waiting
 period, which the Company has already exhausted by various maneuvers).

&nbsp;&nbsp;&nbsp;&nbsp;4. It is clarified that except for the request to convene a general meeting as stated, there is no agreement between our clients regarding any cooperation, joint ventures,
 commitment to vote together, or any other agreement of any kind concerning the Company's shares.

&nbsp;&nbsp;&nbsp;&nbsp;5. Needless to say, we note that our clients view the conduct of the Company's Board of Directors with great severity, and nothing in this letter, or the absence thereof,
 shall derogate from or prejudice our clients' rights.

&nbsp;&nbsp;&nbsp;&nbsp;6. This includes, but is not limited to, our clients' claims regarding the adoption of a rights plan by the Company while disregarding the severe damages that would be
 caused to the Company's shareholders as a result of the delisting of the Company's shares from trading on the Tel Aviv Stock Exchange, if and to the extent the plan is activated; claims regarding a severe breach of the Company's reporting
 obligations in connection therewith; and claims regarding corporate actions taken by the Company following the approval of its preliminary approach to the Israeli Securities Authority in June 2024, while in serious violation of the law.

---

| | |
|:---|:---|
| Sincerely, | Sincerely, |
| /s/ Efrat Tzur<br> <u>Efrat Tzur, Adv.</u> | /s/ Dr. Haim Makhlouf<br> <u>Dr. Haim Makhlouf, Adv.</u> |

---

Herzog Tower, 6 Yitzhak Sadeh St. Tel Aviv 6777506, Israel Tel: +972-3-692-2020, Fax: +972-3-696-6464

www.herzoglaw.co.il

------

## Ex-99

------

#### Exhibit 5<br>

During the past 60 days or since the most recent filing of Schedule 13D, whichever is less, VBF GP on behalf of VBF LP purchased or sold the following Ordinary Shares, with each purchase or sale effected in an ordinary brokerage transaction on either Nasdaq or the Tel Aviv Stock Exchange. For purchases or sales effected in Israeli shekels on the Tel Aviv Stock Exchange, the prices below reflect the price paid or received on the relevant trade date in U.S. dollars based upon the representave exchange rate published by the Bank of Israel for such date.<br>

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Date** | **Buy/Sell** | **Exchange** | **Currency** | **Qty** | **Price Per Share (USD)** |
| 5/22/2025 | Sell | Nasdaq | USD | 35,958 | 11.02 |

---

------

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 1)**

**Perion Network Ltd.**

*(Name of Issuer)*

**Ordinary shares, nominal value NIS 0.03 per share**

*(Title of Class of Securities)*

**M78673114**

*(CUSIP Number)*

**Value Base Ltd. c/o Tsahy Alon**<br>General Counsel<br>23 Yehuda Halevi St.<br>Tel Aviv L3 6513601<br>972-3-622-3381

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**06/26/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **M78673114** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Value Base Ltd.** | Name of reporting person<br>**Value Base Ltd.** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**L3** | Citizenship or place of organization<br>**L3** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**2596831.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**2596831.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**2596831.00** | Aggregate amount beneficially owned by each reporting person<br>**2596831.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**5.77%** | Percent of class represented by amount in Row (11)<br>**5.77%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

**Comment for Reporting Person:** Percentage reported in Item 13 above is based on 45,037,180 ordinary shares outstanding as of March 5, 2025 (as reported in the Issuer's Form 20-F filed with the Securities and Exchange Commission (the "SEC") on March 25, 2025).

| **CUSIP No.** | **M78673114** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Value Base Fund Management Ltd. for Value Base Fund General Partner Ltd., acting as the general partner to Value Base Fund Limited Partnership** | Name of reporting person<br>**Value Base Fund Management Ltd. for Value Base Fund General Partner Ltd., acting as the general partner to Value Base Fund Limited Partnership** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**L3** | Citizenship or place of organization<br>**L3** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**2596831.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**2596831.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**2596831.00** | Aggregate amount beneficially owned by each reporting person<br>**2596831.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**5.77%** | Percent of class represented by amount in Row (11)<br>**5.77%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

**Comment for Reporting Person:** Percentage reported in Item 13 above is based on 45,037,180 ordinary shares outstanding as of March 5, 2025 (as reported in the Issuer's Form 20-F filed with the SEC on March 25, 2025).

| **CUSIP No.** | **M78673114** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Ido Nouberger** | Name of reporting person<br>**Ido Nouberger** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**L3** | Citizenship or place of organization<br>**L3** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**2596831.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**2596831.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**2596831.00** | Aggregate amount beneficially owned by each reporting person<br>**2596831.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**5.77%** | Percent of class represented by amount in Row (11)<br>**5.77%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** Percentage reported in Item 13 above is based on 45,037,180 ordinary shares outstanding as of March 5, 2025 (as reported in the Issuer's Form 20-F filed with the SEC on March 25, 2025).

| **CUSIP No.** | **M78673114** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Victor Shamrich** | Name of reporting person<br>**Victor Shamrich** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**L3** | Citizenship or place of organization<br>**L3** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**2596831.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**2596831.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**2596831.00** | Aggregate amount beneficially owned by each reporting person<br>**2596831.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**5.77%** | Percent of class represented by amount in Row (11)<br>**5.77%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** Percentage reported in Item 13 above is based on 45,037,180 ordinary shares outstanding as of March 5, 2025 (as reported in the Issuer's Form 20-F filed with the SEC on March 25, 2025).

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Ordinary shares, nominal value NIS 0.03 per share

**(b) Name of Issuer:**
Perion Network Ltd.

**(c) Address of Issuer's Principal Executive Offices:**
2 Leonardo Da Vinci Street, 24th Floor, Tel Aviv, L3, 6473309

This Amendment No. 1 (the "Amendment") amends the statement on Schedule 13D originally filed by the Reporting Persons on April 21, 2025 (the "Schedule 13D"). Capitalized terms used but not otherwise defined in this Amendment shall have the meanings ascribed to such terms in the Schedule 13D. Except as otherwise provided herein, each Item of this Schedule 13D remains unchanged. This Schedule 13D relates to the ordinary shares, nominal value NIS 0.03 per share (the "Ordinary Shares"), of Perion Network Ltd., a company incorporated in Israel ("Perion", the "Company" or the "Issuer"). The address of the principal executive offices of Perion is 2 Leonardo Da Vinci Street, 24th Floor, Tel Aviv 6473309, Israel.

**Item 4. Purpose of Transaction**

Item 4 of the Schedule 13D is amended to add the following: 

On June 26, 2025, VBF LP and Phoenix Insurance Company Ltd., through their external legal counsel, sent a letter to the Board of Directors of the Company (the "Demand Letter") requesting that the Company convene an extraordinary meeting of the Company's shareholders (the "Shareholders Meeting") under relevant provisions of the Israeli Companies Law, 5759-1999, and the Company's Amended and Restated Articles of Association (the "Articles"). Pursuant to the Demand Letter, the agenda for the Shareholders Meeting shall be (i) to amend the Articles to permit a general meeting of shareholders, by a simple majority, to cancel a rights plan and require that any similar rights plan adopted in the future become effective subject to approval of the general meeting of shareholders by a simple majority and (ii) subject to approval of item (i), above, to cancel the rights plan adopted by the Board of Directors on April 3, 2025. A copy of the Demand Letter translated from the original Hebrew is filed herewith as Exhibit 4 and incorporated herein by reference. The description of the Demand Letter contained in this Amendment is qualified in its entirety by reference to Exhibit 4 hereto.

VBF LP and Phoenix Insurance Company Ltd. have independently concluded that it is in each such shareholder's interest to request a Shareholders Meeting. VBF LP and Phoenix Insurance Company Ltd. issued the Demand Letter solely for the purposes of complying with certain minimum thresholds under the Israeli Companies Law, 5759-1999, and the Articles. Except for the Demand Letter, there is no other agreement between VBF LP and Phoenix Insurance Company Ltd. regarding any cooperation, joint ventures, commitment to vote together or any other agreement of any kind concerning the Company's Ordinary Shares.

**Item 5. Interest in Securities of the Issuer**

**(a)**
Item 5 of the Schedule 13D is amended and restated as follows:

As of the date on the cover page of this Amendment, VBF GP may be deemed to be the beneficial owner of the 2,596,831 Ordinary Shares held directly by VBF LP, which represent approximately 5.77% of the number of Ordinary Shares outstanding. 

As of the date on the cover page of this Amendment, Value Base, as the controlling shareholder of VBF GP, may be deemed the indirect beneficial owner of 2,596,831 Ordinary Shares beneficially owned by VBF GP, which represents approximately 5.77% of the number of Ordinary Shares outstanding.

As of the date on the cover page of this Amendment, Mr. Shamrich, who together with Mr. Nouberger controls Value Base, may be deemed the indirect beneficial owner of 2,596,831 Ordinary Shares beneficially owned by Value Base, representing approximately 5.77% of the number of Ordinary Shares outstanding.

As of the date on the cover page of this Amendment, Mr. Nouberger, who together with Mr. Shamrich controls Value Base, may be deemed to be the beneficial owner of 2,596,831 Ordinary Shares beneficially owned by Value Base, representing approximately 5.77% of the number of Ordinary Shares outstanding. 

Because the Reporting Persons named in this Amendment may be deemed to constitute a "group" for purposes of Section 13(d) of the Securities Exchange Act of 1934 (the "Exchange Act"), each of Value Base, VBF GP, Mr. Nouberger and Mr. Shamrich may share the power to vote, or direct the voting of, and share the power to dispose of, or direct the disposition of, the 2,596,831 Ordinary Shares held in the aggregate by the Reporting Persons, which represent approximately 5.77% of the number of Ordinary Shares outstanding.

According to information provided by Phoenix Financial Ltd. (the parent company of Phoenix Insurance Company Ltd.), as of the date on the cover of this Amendment, Phoenix Financial Ltd. may be deemed the beneficial owner of 2,574,926.52 Ordinary Shares, representing approximately 5.72% of the number of Ordinary Shares outstanding. According to information provided by Phoenix Financial Ltd., these securities are beneficially owned by various direct or indirect, majority or wholly-owned subsidiaries of Phoenix Financial Ltd. 

If the Reporting Persons named in this Amendment and Phoenix Financial Ltd. were deemed to constitute a "group" for purposes of Section 13(d) of the Exchange Act, each of the Reporting Persons and Phoenix Financial Ltd. may be deemed to share the power to vote, or direct the voting of, and share the power to dispose of, or direct the disposition of, the 5,171,757.52 Ordinary Shares held in the aggregate by the Reporting Persons and Phoenix Financial Ltd., which would represent approximately 11.48% of the number of Ordinary Shares outstanding. 

However, each of the Reporting Persons specifically disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein. Except for sending the Demand Letter, there is no other agreement between VBF LP and Phoenix Financial Ltd. regarding any cooperation, joint venture, commitment to vote together or any other agreement of any kind concerning the Company's Ordinary Shares. Neither the filing of this Amendment nor any of its contents shall be deemed an admission that the Reporting Persons are, for purposes of Section 13(d) of the Exchange Act, the beneficial owners of any securities of the Issuer he or it does not directly own, or that a group exists for purposes of Schedule 13(d) of the Exchange Act or for any other purpose, and each Reporting Person and Phoenix Financial Ltd. disclaims the existence of any such group.

Percentages set forth in this Amendment were calculated based on 45,037,180 Ordinary Shares outstanding as of March 5, 2025 (as reported in the Issuer's Form 20-F filed with the SEC on March 25, 2025).

**(b)**
The information set forth in Item 5(a) is incorporated herein by reference.

**(c)**
All transactions in Ordinary Shares effected by the Reporting Persons during the past 60 days or since the most recent filing of Schedule 13D, whichever is less, are listed in Exhibit 5 hereto and incorporated herein by reference.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

Item 6 of the Schedule 13D is amended to add the following: 

The information set forth in Item 4 is incorporated herein by reference.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Value Base Ltd.

**Signature:** /s/ Ido Nouberger

**Name/Title:** Ido Nouberger/CEO

**Date:** 06/30/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Value Base Fund Management Ltd. for Value Base Fund General Partner Ltd., acting as the general partner to Value Base Fund Limited Partnership

**Signature:** /s/ Ido Nouberger*

**Name/Title:** Ido Nouberger/Director

**Date:** 06/30/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Ido Nouberger

**Signature:** /s/ Ido Nouberger

**Name/Title:** Ido Nouberger

**Date:** 06/30/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Victor Shamrich

**Signature:** /s/ Victor Shamrich

**Name/Title:** Victor Shamrich

**Date:** 06/30/2025