The enforcement policy published by the Securities Authority in early July does not seem to solve the problem of ambiguity in choosing the different enforcement course, even though the choice of how to manage the procedure is extremely dramatic. For the full article by Yuval Z. Sasson and Dr. Eithan Y. Kidron of our firm, click here (Hebrew).
Meitar Law Offices is pleased to publish the IVC – Meitar report on exit transactions in the Israeli hi-tech sector for H1 2019. The full report is available through the PDF icon.
Corporate and Securities Our firm represented Polyrize in its $4 million seed funding round led by Glilot Capital Partners and with the participation of Saban Ventures. Polyrize is an Israeli company which developed a cybersecurity platform that helps enterprise security teams understand, control and secure user identities, privileges and access behavior in the cloud. For more info, click here.
Our firm represented Pach Taas Group and its shareholders, in the agreement to sell 70% of the shares of the group to Tadiran Holdings for more than NIS 100 million. The Pach Taas Group activity includes industrial air- conditioning involving semiconductors, pharma, construction, and agriculture and construction of industrial clean rooms. For more info, click here.
The full update (Hebrew) is available through the PDF icon.
Taxation 
In a precedent-setting ruling of the Tel Aviv District Court it was determined that the Ministry of Defense tender would be canceled because it violates the rights of IDF disabled veterans. Giora Ungar, a partner in our firm, represented Tigbur, the company that prevailed in the petition against the tender, and said that “this is a victory with precedential implications for all future tenders.” For the full coverage of the Globes website, click here (Hebrew).
Our firm represented enSilo in its $23 million financing round led by Rembrandt Venture Partners, and with the participation of OG Tech Ventures and Viola. enSilo is an Israeli cybersecurity company which developed a real-time automated endpoint security platform. For more info, click here.
