N2off Inc. Issues 4.4 Million Shares in Private Placement, Including Allotments to CEO David Palach and CFO Lital Barda
On May 12, 2025, N2off Inc. issued a total of 4.4 million shares of common stock. The transactions included 300,000 shares to a consultant for accounting services, 600,000 shares to CEO David Palach, and 300,000 shares to CFO Lital Barda under its 2022 Share Incentive Plan. Additionally, 3.2 million shares were issued to consultants for various financial and business development services. The shares were issued without registration, relying on Section 4(a)(2) of the Securities Act of 1933. The document does not specify the price of the shares.
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. N2off Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-009678), on May 12, 2025, and is solely responsible for the information contained therein.
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