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On August 24, 2026, Silynxcom Ltd. was notified that Ran and Smadar Nir filed a statement of claim in the Central…

SYNXSilynxcom Ltd.

On August 24, 2026, Silynxcom Ltd. was notified that Ran and Smadar Nir filed a statement of claim in the Central District Court of Israel against the Company, its U.S. subsidiary, CEO Nir Klein, and VP Gal Nir Klein. The Plaintiffs allege that the executives wrongfully took control by exploiting the alleged incapacity of their late mother, Ruth Nir, using an invalid proxy to execute a 2017 Change of Control document. This transaction allegedly resulted in the issuance of 9,833,333 shares to Nir Klein while Ruth Nir retained only 1,000,000 shares (approximately 6%). The Plaintiffs further allege that Nir Klein acquired a 25% equity interest from Shamrock investors for $250,000 in November 2019 without their knowledge and implemented a share-exchange restructuring in 2021-2022. The Plaintiffs seek monetary damages of NIS 16,926,866 or the transfer of 650,694 Company shares to each Plaintiff. Silynxcom Ltd. disputes these allegations and intends to defend the matter vigorously. Silynxcom Ltd. operates in the telecommunications industry, providing wireless communication solutions.

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