Polyrizon Ltd. has signed a non-binding Memorandum of Understanding with Arrow Aviation Ltd., under which Polyrizon intends to acquire a 51% stake in Arrow Aviation for approximately $5.8 million in cash. The deal includes ancillary arrangements such as the transfer of a Hawker 800 aircraft valued at $3.5 million to Arrow Aviation by a third party, in exchange for a convertible note issued by Polyrizon. Additionally, existing Arrow Aviation shareholders will forgive outstanding debts in return for convertible notes from Polyrizon, allowing Arrow Aviation to emerge debt-free after the closing. The agreement outlines mutual call and put options on the remaining 49% of Arrow Aviation shares, exercisable after two years and based on agreed financial metrics, which could result in Polyrizon ultimately acquiring 100% of Arrow Aviation. Arrow Aviation currently reports annual unaudited revenues of approximately $19 million and adjusted EBITDA of about $3 million. The signing of a definitive agreement is expected within 30 days, pending due diligence and customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Polyrizon Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9648671-en) on February 04, 2026, and is solely responsible for the information contained therein.