News & Publications

Representation of Check-Cap Ltd. in $35M Registered Direct Offering

Represented of Check-Cap Ltd. in a $35 million registered direct offering of ordinary shares and warrants. H.C. Wainwright & Co., LLC served as exclusive placement agent for the offering. Check-Cap, listed on NASDAQ, is a clinical stage medical diagnostics company aiming to redefine colorectal cancer (CRC) screening through the introduction of C-Scan®, the first and only patient-friendly preparation-free screening […]

Representation of Check-Cap Ltd. in a Warrant Exercise Transaction

Representation of Check-Cap Ltd. in a warrant exercise transaction with several existing institutional investors who were holders of certain outstanding warrants to purchase the Company’s ordinary shares issued in prior registered direct offerings. In connection with the transaction, the holders exercised in cash their prior warrants, at a reduced exercise price of $0.6 per share. […]

Representation of J.P. Morgan in the Private Offering by Fiverr International Ltd. (NYSE: FVRR) of Convertible Senior Notes

Representation of J.P. Morgan as Lead Left Bookrunner and representative of the initial purchasers in the private offering by Fiverr International Ltd. (Nasdaq: FVRR) of $460 million of 0% Convertible Senior Notes due 2025 (including the exercise in full of the overallotment option).  The Notes were offered in a private offering to qualified institutional buyers […]

Representation of ION Crossover Partners in an investment in Similarweb

Representation of ION Crossover Partners in its $35m investment in SimilarWebr Ltd., as part of the $50m Series C financing round of SimilarWeb. SimilarWeb is a website that provides web analytics services for businesses. The company offers its customers information on their clients’ and competitors’ website traffic volumes, referral sources which include keyword analysis and […]

Representation of Luminera Derm in the Sale of its Dermal Business to AbbVie

Representation of Luminera Derm Ltd. and its affiliated companies in a share and asset transaction, pursuant to which Luminera sold its dermal filler portfolio and R&D pipeline to AbbVie Inc. (NYSE: ABBV) unit Allergan Aesthetics, for a consideration of hundreds of millions of dollars. Luminera Derm is an R&D company as well as a manufacturer […]

Representation of Flash Networks in its merger acquisition by the Volaris Group

Representation of Flash Networks Ltd. in a reverse triangular merger transaction and the purchase of 100% of its share capital by the Volaris Group, a Canadian operating group of Constellation Software Inc., a diversified software company, publicly traded and based in Canada. Press:  see here

Representation of J.P. Morgan, Bank of America and Morgan Stanley in the Private Offering by Wix.com of $575 million of 0% Convertible Senior Notes

Representation of J.P. Morgan, Bank of America and Morgan Stanley as Joint Book-Running Managers in the private offering by Wix.com Ltd. (Nasdaq: WIX) of $575 million of 0% Convertible Senior Notes due 2025 (including the exercise in full of an over-allotment option granted to the initial purchasers).  The Notes were offered in a private offering […]

Representation of Check-Cap Ltd. in $16.3M Registered Direct Offerings and Private Placement

Representation of Check-Cap Ltd. in three registered direct offerings of ordinary shares to institutional and accredited investors and concurrent private placements of unregistered warrants that closed in April and May 2020, for aggregate gross proceeds of US$11.5 million, as well as in a $4.8M private placement of its ordinary shares consummated in February 2020. H.C. […]

Representation of J.P. Morgan Securities in the $138M Follow-On Offering of Fiverr International

Representation of J.P. Morgan Securities LLC as lead book-running manager in the $138 million underwritten public offering in the United Sates of Fiverr International Ltd. (including the exercise in full of the underwriters’ option). J.P. Morgan Securities LLC acted as lead book-running manager for the offering. BofA Securities, Citigroup Global Markets Inc. and UBS Securities […]

Labor & Employment Legal Update – Bits & Briefs Series – August 2020

In this “Bits & Briefs” chapter of our special series dedicated to Labor and Employment Law, we discuss certain perspectives of engagement of consultants. Please find the full update here

Representation of Discount Capital in its investment in Neema Shefa Israel

Representation of Discount Capital Ltd. in its NIS 5.25m investment in Neema Shefa Israel Ltd., wholly owned by Direct Insurance – Financial Investments (DIFI), in consideration of ordinary shares, reflecting 15.556% of the company’s issued capital. Neema Shefa offers a digital wallet application that currently mainly serves foreign workers in Israel, for whom it is […]

Legal Update – Hi-Tech; capital markets– March 2020

Representation of Kamada in $25M Private Placement to FIMI Opportunity Funds FBC represented Kamada Ltd. (NASDAQ & TASE: KMDA) in connection with a private placement of $25 million of its ordinary shares to FIMI Opportunity Funds, the leading private equity investor in Israel.  The equity offering was made as a private placement of public equity […]

Bits & Briefs – Labor Update – January 2020

In our “Bits & Briefs” Special Series dedicated to Israeli Labor and Employment Law, we provide periodic bite-sized updates introducing key provisions of Israeli labor law and their practical implications, particularly from the perspective of businesses looking to operate in, or expand to, Israel. In this update we will cover employees` social rights according to the […]

Incorporation of Surround Ventures – a New Venture Capital Fund

Representation of the general partner in the incorporation of Surround Ventures, a new venture capital fund, which will be focused in making investments in early stage companies in the field of media and entertainment. The fund, backed by Randi Zuckerberg, founder of Zuckerberg Media and sibling of Mark Zuckerberg, is raising a $35,000,000 fund to […]

Representation of AngioDynamics in the acquisition of Eximo Medical

FBC and DLA Piper represented AngioDynamics Inc., in an acquisition of Eximo Medical Ltd., an Israeli company. The transaction included extensive and sensitive negotiations of the terms and conditions of the acquisition from the various shareholders of Eximo Medical Ltd. and included the purchase of the company’s shares and treatment of the company’s options and […]

Representation of Sky private equity fund in the purchase of Aztek Technologies

FBC represented SKY, a private equity fund, in a transaction for the sale of 100% of the of shares of Aztek Technologies (1984) Ltd. The consummation of the transaction is subject, among others, to the approval of the Israel Competition Authority. Aztek is one of the few distributors and resellers of Microsoft’s products including the […]

ייצוג טל בנין בהסכם לגיוס משקיעים והקצאת אופציות במדיוי ארה”ב

משרדנו ייצג את טל בנין בהסכם לגיוס משקיעים בסכום של 4 מיליון דולר לחברת מדיוי ארה”ב והובלת חתימה על הסכם הפצה עם מפעל באיטליה. בתמורה ובכפוף להנפקת החברה בארה”ב יקבל טל אופציות לרכישת מניות החברה. בעיתונות: ראו כאן

Representation of Pitango Venture Capital in a $30 million financing of Venn Ltd

FBC represented Pitango Venture Capital that led an investment round in Venn Ltd. of up to $30 million. The investment was performed through combination of Preferred Shares and SAFE instruments. Additional investors in this round include Hamilton Lane, on behalf of the New York State Common Retirement Fund, and Bridges Israel. Venn is creating a […]

Representing Viola Credit in a $130 million debt financing to Lendbuzz

FBC represented Viola Credit in connection with a junior debt facility of up to $22.5 million, extended by Viola Credit together with an institutional lender to a subsidiary of Lendbuzz Inc. As part of the transaction, Viola Credit was granted an investment option in Lendbuzz of up to $1.5 million. FBC also advised Viola Credit […]

Representation of SKY private equity fund in the sale of Marmanet

FBC represented SKY, a private equity fund, in a transaction for the sale of 100% the of shares of Marmanet Organization and Projects Management Ltd., for a consideration of NIS 97M (assuming a distribution of dividends to Marmanet’s shareholders of NIS 5M). Marmanet is a company that manages and operates outsourcing projects for the public […]

Representation of Clermont Energy in its purchase of a $76M convertible note from Eviation Aircraft

FBC represented Clermont Energy Pte. Ltd. in its investment in Eviation Aircraft Ltd., an Israeli company publicly traded in the United States, through a note purchase agreement, pursuant to which Eviation issued to Clermont a convertible promissory note in consideration for a loan in the aggregate amount of US$76 million. The note will be convertible […]

Representation of DSM Venturing in its investment in RayCatch

Representation of DSM Venturing and its co-investors in a Series B round investment in Israeli startup company – Raycatch – AI Diagnostics for Solar Energy. DSM (see: (see here) is a purpose-led global science-based company in Nutrition, Health and Sustainable Living.  RayCatch (see here) is an AI diagnostics technology for solar energy, on a mission […]

Representation of Bristol-Myers Squibb Company in its $12M Investment in Compugen Ltd.

FBC represented Bristol-Myers Squibb Company (NYSE: BMY) in connection with its $12M equity investment in Compugen Ltd. (NASDAQ: CGEN), a clinical-stage cancer immunotherapy company and leader in predictive target discovery. The equity offering was made as a private placement of public equity (PIPE). The equity investment is being made in conjunction with a clinical trial […]

Sale of STI Laser Industries to Resonetics

FBC represented STI Laser Industries and its historic shareholders in the sale of the entire capital of the company to Resonetics, an US company owned by Regatta Medical, a portfolio company of GTCR. STI Laser Industries, based in Or Akiva, Israel and founded in 1998 by Mr. Tovy Sivan, is a leading supplier of laser […]

Legal Update: Hi-Tech, Technology & Venture Capital – IIA New Licensing Rules – October 2018

New Licensing Rules by the Israeli Innovation Authority for Multinational Corporations At the beginning of September, the Israeli Innovation Authority, a division of the Israeli Ministry of Economy and Industry and the successor to the Office of Chief Scientist (“IIA”), issued new rules (“New Rules”) regarding the licensing of know-how developed and obtained by Israeli […]

Representation of J.P. Morgan and Bank of America in the $442.8 million Private Offering by Wix.com Ltd. of Convertible Senior Notes

FBC represented J.P. Morgan and Bank of America as Joint Book-Running Managers in the private offering by Wix.com Ltd. (Nasdaq: WIX) of $442.8 million of 0% Convertible Senior Notes due 2023 (including the exercise in full of an over-allotment option granted to the initial purchasers).  The notes were offered in a private offering to qualified […]

Representation of Dune Ridge Group in a Financing Transaction

FBC represented the Dune Ridge group (the group includes entities in the BVI, US and Israel) in a financing round in which it raised US$2,600,000, including a deferred closing of an additional amount of up to US$500,000.

Represented of Gestetnertec Ltd. in the purchase of shares of Caliber Engineering and Computers Ltd.

FBC represented Gestetnertec Ltd., owned by SKY private equity fund, in a transaction for the purchase of 70% the of shares of Caliber Engineering and Computers Ltd., which is one of the leading companies in the field of distributing and sales of 3D printers of various kinds. The transaction included extensive and sensitive negotiations of […]

Representation of Check-Cap Ltd. in Follow-On Underwritten Public Offering

FBC represented Check-Cap Ltd., listed on NASDAQ, in its $20.2 million follow-on underwritten public offering of units, with each unit consisting of one ordinary share (or ordinary share equivalent) and one Series C warrant to purchase one ordinary share. H.C. Wainwright & Co. acted as sole book-running manager for the offering. Check-Cap is a clinical-stage […]

Representation of Fiverr in the Acquisition of And Co Ventures Inc.

FBC represented Fiverr International Ltd. and its U.S. subsidiary, Fiverr Inc., in the acquisition of the entire stock capital of And Co Ventures Inc., a Delaware corporation, which develops and markets an application for invoicing, expenses, and paperwork for freelances and other independent professionals. Fiverr operates the world’s largest marketplace for creative and digital services, […]

Representation of Frutarom Industries Ltd. in its Acquisition of Enzymotec Ltd.

FBC represented Frutarom Industries Ltd. in its acquisition of Enzymotec Ltd. (NASD: ENZY), for approximately $210 million, at an equity value of approximately $290 million. Enzymotec is a leading global supplier of specialty lipid-based products and solutions. Prior to the merger, Frutarom had acquired approximately 19% of Enzymotec’s shares and announced its intention to make […]

ייצוג קלארידג’ ישראל בעסקת השקעה של 36.5 מיליון דולר בחברת אלגוסק אינק

משרדנו ייצג את קלארידג’ ישראל, קרן השקעות פרטיות קנדית, בעסקת השקעה של כ-36.5 מיליון דולר בחברת אלגוסק אינק. אלגוסק מפתחת ומוכרת מערכות בתחום אבטחת המידע אשר מאפשרות לארגונים לנהל באופן יעיל ובטוח שינויים במדיניות אבטחת המידע המוטמעת במוצריהם (כמו פיירוולים, נתבים, ומתגים המקשרים רשתות ארגוניות ומרכזי נתונים בענן). אלגוסק מעסיקה כ-350 עובדים בארץ ובעולם ויש […]

FBC Opened a New Office in Be’er Sheva

FBC is excited to announce the opening of our new office in the Hi-Tech Park in Be’er Sheva.  Our experienced attorneys, including from the Corporate, Cyber & IT, Hi-Tech and IP practices, look forward to meeting you there.

Representation of Twine Solutions in a financing round of US $5,000,000

FBC represented Twine Solutions Ltd. in an equity financing round, led by Landa Ventures Ltd., managed by Benny Landa.  As part of the financing round, Twine raised an aggregate amount of USD$7,285,000 from Landa, Gefen Capital Investments L.P. and other investors, in consideration for issuance of Series B-3 Preferred Shares. Twine is a technology start-up, […]

משרדנו ייצג את כללטק השקעות בהשקעה בחברת יוטפו

משרדנו ייצג את כללטק השקעות, קרן ההשקעות של כלל תעשיות ואקסס תעשיות, אשר הובילה סיבוב השקעה בחברת יוטפו בע”מ בסך של כ- 51 מיליון דולר. במסגרת הסיבוב הנוכחי השתתפו גם משקיעים קיימים בחברה כמו רודיום, מרקר בלומברג, וינטאג, בסמר ועוד. יוטפו מפתחת פלטפורמה לניהול המלצות גולשים הניתנת לאיטגרציה קלה באתרי מסחר אלקטרוני. בעיתונות: ראו כאן.

משרדנו ייצג את קרן ההשקעות של כלל תעשיות ו- Access Industries

משרדנו ייצג את קרן ההשקעות של כלל תעשיות ו- Access Industries אשר הובילה סיבוב השקעה בחברת יוטפו בע”מ בסך של כ- 51 מיליון דולר. במסגרת הסיבוב הנוכחי השתתפו גם משקיעים קיימים בחברה כמו Bessemer, Vintage, Marker Blumberg, Rhodium ועוד. יוטפו מפתחת פלטפורמה לניהול המלצות גולשים הניתנת לאיטגרציה קלה באתרי מסחר אלקטרוני. בעיתונות, לחצו כאן

FBC represented SKY and Kedman Capital in the purchase of 70% of S.AL Holdings Ltd.

FBC represented the SKY and Kedma Capital private equity funds in a transaction for the purchase of 70% of the shares of S.AL Holdings Ltd., in consideration of approximately NIS 136.5M. The consummation of the transaction is subject to the approval of the Israel Antitrust Authority. S.AL Holdings, a leading company in the field of […]

FBC represented OrbiMed in its $5,325,000 investment in MobileODT

FBC represented OrbiMed in its $5,325,000 investment in MobileODT Ltd. as part of a Series B Round of approximately $6,825,000 investment, in addition to conversion of SAFEs (“simple agreement for future equity”) in the amount of $3,905,223. The transaction included complex questions with regard to the applicability of the Israeli Securities Law and IP. MobileODT […]

Legal Update: Hi-Tech, Technology & Venture Capital – June 2017

Click here to view the full update New Rules Published by the Israeli Innovation Authority In May 2017, the Israeli Innovation Authority (the successor of the Office of Chief Scientist), a division of the Israeli Ministry of Economy and Industry (the “Innovation Authority”), issued new rules[1]  becoming applicable to Israeli companies that receive grants from […]

Representation of NHN Ventures & Naver Corporation in its equity investment in Syte

Representation of NHN Ventures & Naver Corporation in its equity investment in Syte – Visual Conception Ltd. (“Syte”). As part of the round, Syte raised an aggregate amount of $6M, of which $2.5M was invested by NHN Ventures & Naver Corporation and the remaining by existing investors, based on a pre-money company valuation of $15M. […]

Israel: Cross Border Joint Venture and Strategic Alliance Guide (LexisNexis)

‘Lexis Practice Advisor’ published an Israel Cross Border Joint Venture and Strategic Alliance Guide. FBC Partner Raz Tepper wrote one of the articles. Please click here to read the full article. Please click here to read the article in Chinese.  

FBC represented QUALCOMM, in its $5 Million investment in Prospera Technologies Ltd

FBC represented QUALCOMM Ventures, in leading a $5 Million investment in Prospera Technologies Ltd., as part of a Series B round of $15 Million. The other investors included Bessemer Venture Partners, Cisco Investments BV and others. QUALCOMM, traded on Nasdaq, is a global leader in research, development, manufacture and marketing of wireless telecommunications products and […]

FBC represented Twine Solutions Ltd. in a financing round of US $3,500,000

FBC represented Twine Solutions Ltd. in an equity financing round, led by Gefen Capital Investments L.P. As part of the financing round, Twine raised an aggregate amount of USD$ 2,390,000 from Gefen and from additional investors, in consideration for issuance of Series B Preferred Shares, and convertible loans previously granted to the company, in an […]

Investment in MediaSafe Project Ltd.

FBC acted as Israeli counsel to Octopus Ventures, who was the lead investor in the financing round of $14.5 million of MediaSafe Project Ltd., an Israeli company whose primarily business is in the healthcare IT field. For press, click here

Representation of Claltech in the sale of its ~10% interest in LightCyber

We represented Claltech in the sale of its interest in LightCyber Ltd., a privately held cybersecurity company, in connection with the US$105 Million acquisition of LightCyber by Palo Alto Networks, Inc., a leading security company publically traded on the NYSE. Consideration consisted of cash and common stock of Palo Alto. Additional $17.5M paid in the […]

FBC represented Revuze in a financing round of USD 4M

FBC represented Revuze Ltd. (“Revuze”) in a financing round, led by Nielsen, The NPD Group and TIC Group. As part of the financing round, Revuze raised an amount of USD 4M from Nielsen, The NPD Group, TIC Group as well as existing investors (including by way of convertible loans and an equity bridge agreement that were […]

FBCrepresented Rel-Tech Holdings and Coin Ventures Ltd. in an investment round of USD 6M in Comedy Technologies, Inc.

Our firm represented Rel-Tech Holdings and Coin Ventures Ltd. (the “Rhodium Group”) in an investment round in which Comedy Technologies, Inc. raised USD 6M from Wicklow Corporation, Pearl Ridge Capital, Gigi Levi, the Rhodium Group and other investors. As part of the investment round USD 1.5M were invested and convertible loans previously granted to the company, […]

Legal Update: Cyber & Information Technology – March 2016 (Hebrew)

Please find the full legal update here regarding EU – U.S. Privacy Shield (Hebrew)

FBC represented DVP Technologies Ltd. and Digital Makeup Ltd. in a financing round

FBC represented DVP Technologies Ltd. and Digital Makeup Ltd. (“Digital Makeup”) in a primary and secondary financing round and in an exclusive license agreement with OHMK (Tianjin) Medical Technology Co. Ltd. (“OHMK”), a market leading provider of medical products in China, and EndyMed Ltd. (“EndyMed”).   As part of the transaction, Digital Makeup entered into […]

FBC advises Ability, provider of intelligence and cyber solutions, in its dual-listing on the Tel Aviv Stock Exchange

FBC advised Ability Inc., the Cayman Islands incorporated company trading on Nasdaq (symbol: ABIL) in the dual-listing of its shares for trading on the Tel-Aviv Stock Exchange. Following its successful dual-listing, Ability’s shares joined the TASE’s leading indices, including the TA75 Index, TA100 Index, TA Blue-Tech Index and more. Ability Inc. (formerly Cambridge Holdco Corp.) […]

FBC represented Applied Immune Technologies Ltd. in a complex merger transaction

FBC represented Applied Immune Technologies Ltd. (“AIT”), a drug development company specializing in therapeutic applications for cancer and other autoimmune diseases, owned by Technion Research and Development Foundation Ltd., Technion Investment Opportunities Fund, OrbiMed Israel Partners Limited Partnership, Novartis Bioventures Ltd., Pontifax funds and others, in a complex merger transaction for the purchase and sale […]

2015 In Numbers – Thank You For Another Great Year!

2015 In Numbers – Thank you for Another Great Year!

FBC welcomes Adv. Sharon Klein-Manbar who joins as a partner in our Corporate Department

FBC welcomes Adv. Sharon Rosen who joins as a partner in our Corporate Department

Eran Yaniv chosen by ‘Geektime’ as one of the ‘Top 100 Influencers’ in Israeli Hi-Tech

Eran Yaniv, Partner in FBC’s Corporate Department, chosen by ‘Geektime’ as one of the ‘Top 100 Influencers’ in Israeli Hi-Tech.

FBC advises InfiApps in its $39.2M acquisition by Stride Gaming

FBC advises InfiApps in its $39.2M acquisition by Stride Gaming

FBC holds an event for FBClub members on Recent Trends & Developments in Corporate Law

The following presentations were presented at the FBClub gathering, held at a unique event space in Tel Aviv: Major Developments in the Rulings of the Economic Court in Tel Aviv (2015), by Avraham Well (Hebrew) The Influence of Administrative Enforcement on Corporate Governence, by Shoney Albeck (Hebrew)  

FBC Awarded “Israel Law Firm of the Year” & “European High Yield Deal of the Year” at the IFLR European Awards 2015

FBC was named the “Israel Law Firm of the Year” and was recognized for its role in the “European High Yield Deal of the Year” at the IFLR’s 2015 European Awards ceremony. IFLR is the market-leading financial law publication for lawyers specializing in international finance in financial institutions, corporate in-house legal departments and private practice. […]

FBC ranked among Israel’s leading firms in 7 of the 11 categories ranked by Chambers & Partners

FBC ranked among Israel’s leading firms in 7 of the 11 categories ranked by Chambers & Partners in the 2015 Edition

FBC advises Check-Cap in the $24M IPO and Simultaneous Private Placement

FBC advises Check-Cap in the $24M IPO and Simultaneous Private Placement

FBC advises Imperus Technologies in its acquisition of Diwip

FBC advises Imperus Technologies Corp. in its acquisition of all the issued and outstanding shares of Diwip Ltd. for a purchase price of up to $100M.

FBC advises Credit Suisse NEXT Investors in its investment in Secure Islands

FBC advises Credit Suisse NEXT Investors in its investment in Secure Islands

FBC advises the OrbiMed Fund in an investment in AtoxBio

FBC advises Orbimed in an investment in Atox Bio, a clinical stage company which develops novel immune-modulators for severe infections.

FBC advises Qualcomm in its acquisition of Wilocity for approximately $400M

FBC advises Qualcomm in its acquisition of Wilocity for approximately $400M

FBC advises Qualcomm in its acquisition of CSR’s imaging unit for approximately $45M

FBC advises Qualcomm in its acquisition of CSR’s imaging unit for approximately $45M

FBC advises the OrbiMed Fund in an investment in Nucleix

FBC advises Orbimed in an investment in Nucleix, which develops a test for early detection of bladder cancer.

FBC advises the Orbimed Fund in an investment in Keystone Heart

FBC advises Orbimed in an investment in Keystone Heart, which develops and manufactures embolic cerebral protection devices to reduce the risk of stroke, neurocognitive decline and dementia caused by brain emboli associated with cardiovascular procedures.

FBC Advises Toshiba Corporation in its investment in Zadara Storage

FBC advises Toshiba Corporation in Israeli aspects of its investment in Zadara Storage Ltd.

FBC advises ThetaRay in a $1.25M investment by Poalim Ventures

FBC advises ThetaRay in a $1.25M investment by Poalim Ventures.

The effect of Amendment 16 to the Companies Law on transactions through tender offers

Amendment 16 to the Companies Law recently passed, which amended a number of provisions applicable to the acquisition of companies by way of a full tender offer is expected to influence the way buyers of Israeli public companies will choose. Amendment 16 of the Companies Law recently passed, which amended a number of provisions applicable […]

Underlying Legal and Regulatory Framework of Office of the Chief Scientist of the Israeli Ministry of the Economy

1. General  The Office of the Chief Scientist (“OCS”) of the Israeli Ministry of the Economy oversees all Israeli Government sponsored support of research and development (“R&D”) in the Israeli industry.[1] Pursuant to the Encouragement of Industrial Research and Development Law, 1984 and the regulations promulgated thereunder (the “R&D Law”),[2] the OCS provides Israeli companies […]

FBC advises Horizon Technology Finance Corporation and Fortress Credit in financing transaction

FBC advises Horizon Technology Finance Corporation and Fortress Credit, in Israeli aspects of their financing of Kaminario, Inc. and Kaminario Technologies Ltd.