UNITED STATES
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CURRENT REPORT
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Item 8.01 Other Events
As previously announced, on March 27, 2025, a petition (the “Petition”) was filed with the District Court of Tel Aviv-Jaffa (the “Court”) by a primary service provider (the “Service Provider”) of Gix Media Ltd. (“Gix Media”), a company incorporated under the laws of the State of Israel and a wholly-owned subsidiary of Viewbix, Inc. (the “Company”), claiming that Gix Media owes it approximately $260,000 (excluding linkage differentials and interest) and that Gix Media is unable to repay its debts to the Service Provider.
On July 16, 2025, the Court approved a settlement agreement entered into between Gix Media, the Service Provider and other creditors of Gix Media that joined the Petition (collectively, the “Service Providers”) with respect to the debts owed by Gix Media to the Service Providers. In connection with the settlement agreement, the Company agreed to provide a guarantee for the debts owed by Gix Media to the Service Providers. On July 22, 2025, pursuant to the terms of the settlement agreement, Gix Media paid approximately $1.13 million to the Service Providers as payment in full of the debts owed to the Service Providers. As a result of such payment in full by Gix Media to the Service Providers, the Petition was dismissed.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Viewbix Inc. | ||
By: | /s/ Amihay Hadad | |
Name: | Amihay Hadad | |
Title: | Chief Executive Officer |
Date: July 22, 2025