Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

SHAREHOLDERS' EQUITY

v3.22.1
SHAREHOLDERS' EQUITY
 12 Months Ended
Dec. 31, 2021
Equity [Abstract]  
SHAREHOLDERS’ EQUITY
NOTE 11:-
SHAREHOLDERS' EQUITY
 
  a.
Composition of share capital:
 
   
December 31,
  
   
2021
    
2020
  
   
Authorized
    
Issued and outstanding
    
Authorized
    
Issued and outstanding
  
   
Number of Shares
    
Number of Shares
  
                         
Ordinary Shares of no-par value (1)
    
500,000,000
      
134,098,120
      
179,872,754
      
16,948,226
  
 
  (1)
Ordinary Shares confer upon the holders the right to vote in annual and special meetings of the Company, and to participate in the distribution of the surplus assets of the Company upon liquidation of the Company.
 
  b.
On February 17, 2021, the Company effected a one-for-1.138974 reverse share split of Ordinary Shares and Preferred Shares (for further information see Note 1c).