Gix Media Ltd., a wholly-owned subsidiary of Viewbix Inc., has resolved a financial dispute after a service provider filed a petition claiming the company owed approximately $260,000. The District Court of Tel Aviv-Jaffa approved a settlement agreement on July 16, 2025, involving Gix Media, the initial service provider, and other creditors. Viewbix Inc. provided a guarantee for the debts, and on July 22, 2025, Gix Media paid approximately $1.13 million to settle its obligations to the service providers. This payment led to the dismissal of the petition, concluding the matter.
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. Viewbix 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: 0001641172-25-020511), on July 22, 2025, and is solely responsible for the information contained therein.